@Ian Viray Check your Condo/ Coop Fees, they could decrease cash flow.

It seems that the population did decrease slightly in the past few years and there are about 15.5% vacant housing units.

There’s no much you can do to increase/decrease the rates, so focus on what you can control which is on finding deals that meet your investing criteria.

As rates go up buyers purchasing power will decrease.

I just came across this article from Calculated Risk (the article is about a year old so here is the latest data.) which suggests that MF demand will start to shrink due to increased supply from new building and decreased demand from those aged 25-39, who will make up the top three age brackets in 2020, who will enter their prime home buying years. 

When you take or are allowed to take depreciation, it decreases your basis, increaseasing your gain when you sell. 

Many are selling to avoid this which is creating a small pocket of increased DOM with decreased values... and buyers are willing to eat 40-60% of the fee as they can put it on their tax bill for 10 years. 

Such documentation may include:  Closing statement when the property was purchased showing the purchase price;  Documentation showing the depreciation allowed or allowable, if any;  Documentation for any capital improvements and other increases in basis; and  Documentation showing decreases to basis, including any deferred gain from any prior sale(s).

The bank could finance it at $125k because the apprasial came back great, but its this legal technicality that is costing me $8k ($10k less the $2k decrease in the 20% down payment).I already tried getting A and B to change the sale contract to $125k including fees, but A didn't want to change anything. 

I would ultimately like to refi, get the money I have put into it back, and use that money decrease my overall debt to income.