In my view, smaller apartments are ripe for acquisition (i.e market inefficiencies, etc.) since fewer shrewd, sophisticated GPs are available to make offers. 

(CoC)In almost every chart related to COVID-19 April has seen the biggest negative dips, and staying true to form April logged a 9.1% year-over-year drop in job loss with a seasonally adjusted unemployment rate of 11.5%.By May the unemployment started to correct itself with an addition of 18,300 jobs — still a notably large drop of 7.7% year-over-year job loss, and a seasonally adjusted unemployment rate of 10.4%. (2)To really put this in perspective, in April Austin’s MSA had 1,008,700 non-farm payroll jobs, in May that number was 1,027,600.

Their value is determined largely by comps not operations like commercial, they are expensive, they require an individual mortgage for each property you own, the buyers and sellers in that space are less sophisticated, etc. 

IE- small increase in payroll taxes or a slightly increased full retirement age.  2) when changes like this are made, they typically are made incrementally. 

I have  4 LLCs for commercial assets, but dozens of houses over 20 years never saw the cost/benefit of doing secret quitclaim deeds after the fact to get conventional financing and risking my hazard and title insurance just to be 'sophisticated '. 

I've spoken to Joe several times at length regarding some very sophisticated real estate topics, not only a very knowledgeable guy but a really nice guy to boot. 

I have an interesting History.I started a Real Estate Education Business where I taught my own Real Estate Course based upon a solid foundation of Financial Calculations such as PV, FV, DCR, Amortization Tables, ROR, ROI, Cashflows, IRR, etc.The Year I started the Course was around 2005 or 2006 and I tried recruiting students from an REIA that was called "NYCCashflow".What I offered was to teach all the Math that was necessary to become a sophisticated Real Estate Investor.There were also 3 Levels to the Class and each level needed to have a Final Exam to move up.I only charged $20 per week, but you had to spend 3 hours for that single class per week for approximately 6 months because most Students, including most Investors, are really Financially Math Illiterate. 

Not a lot of people keep that amount of liquidity around.Also, if it is a 506(b) syndication then it can allow Sophisticated investors too, not only Accredited.You can also invest via crowd funding and I don't believe there is any requirement in that case.And if you are the syndicator, no you do not have to be Accredited but it helps because you will have to be able to qualify for the loan.

arianne's look is classic. i agree with all the gray votes. article after article goes with gray. color is at the heart of your design project and can create a light, bright tone which brings a sense of place to your potential clients. it says whatever you pair with me will look amazing. crisp white trim works wonders as the accent. it is sophisticated and elegant. it is modern, edgy and timeless. it is the perfect chameleon. it is simple and reliable. it represents peace and balance. all furniture styles may benefit from it. 

It is not likely that your renters are sophisticated enough to understand the time value of money and how much of a deal this is for them but it really is.