Even the wealthy community of Lake Naomi nearby is having serious problems recovering property values.https://www.reuters.com/article/us-usa-housing-underwater-insight/millions-of-americans-still-trapped-in-debt-logged-homes-ten-years-after-crisis-idUSKCN1LU0EP

I think we see the inverse of that in 2024-- supply hitting the market a lot higher than demand can fetch.

One book I gained a lot of value from was "Multi-Family Millions" by David Lindahl.

we had 250 investors that represented about 50 million.. and each and every loan save a handful were fractionalized and in the old days of course payments were in the mail and by check so we had a full time Gal ( Carol ) who knew the portfolio inside out.. 

When you buy the next one, learn from the current one as to what you could do differently to get a better rental.I've only sold two of my rentals-one I had for ~20 years and while the price continued to go up after I sold, I was happy I did as there was a massive loan taken out for renos (multi million dollar) just after I sold it.

Purchase price: $204 Total transaction was $204 million What made you interested in investing in this type of deal?

You also are over the 1 million mental price point.

I have 1 million dollar property with about 500K left on the loan. 

And you can get really lucky with market cycles and while you maybe let a couple million go from your profit there's still a lot of upside and developers could still make millions and call the project a win. 

Current estimates are around a million.