Living in a multifamily property and renting out part people you don't know, I can see how it would be hard to separate "property manager" from owner mentality.  

The health of the economy is arguable, the validity of previously used indicators is arguable.  

This was a block of land my Father in law purchased 50 years ago, built the apartments on some of the land and had plans for developing the rest until health issues got in the way.

There is a somewhat substantiated theory that many haunted houses (when the folks are mentally stable) are related to carbon monoxide posioning.

There's very much a "Set it and Forget it" mentality with investors when they find themselves handing off property management to a PM group for the first time.

How do you look up homes that become vacant here in Norfolk the city of Norfolk department of public health - Bureau of environmental health will put a notice of violation on your door if your home is unfit to live in or not kept up with so shouldn’t there be public records on this info?

I have to say that the experience has been positive so far, with a few negative items such as the evolution of home prices and how expensive has become living on this state.At some point during this period I had a complicated health issue and I ended up getting into a lot of debt to pay for my medical bills.

The example above, a 9 cap have us a 1,000,000 value but a 7 cap gave me a 1.28 million.If cap rate reflects health of the park to some degree, then shouldn't the price go down?

@Aaron Smith same mentality here agree here id rather have all that cashflow too 15 years instead of 30 dead money or not 30-40k cash flow will be nice in my eyes

Although I'm sure we all do this mentally I was considering developing one in print to go along with spreadsheets to make sure there isn't anything overlooked when considering a property.