Should prices fall on other items (i.e. productivity gains or margin compression) prices paid for another item can go up while inflation stays the same.  

This compresses your effective marketing time and plays a big role on cash flow, I'm sure.Probably the closest real estate clubs to you are in Palm Springs or Bill Tan's LA /Asian Group in Arcadia (hardly close but at least you're going against traffic).Study, take action, and have fun.

Any experienced USDA Rural Development Multifamily owners out there.I will try to keep this compressed; there are a lot of moving parts.

If you build in the outskirts, the sale price will be much lower, which compresses your profit.2) construction cost if you're doing the work yourself, you're close, but still off I believe. 3) Soft costs - you haven't included this in your estimate.  

But solid cash-flow properties are also difficult to come by anymore as a lot of dollars are chasing few investments and cap rates are getting compressed as a result.

Residential usually comes back first followed by apartment buildings and then the other asset classes of commercial.When caps start compressing and prices are no longer below replacement costs then some start shifting focus to building again and land development.

Mehran Kamari Check out this thread:http://www.biggerpockets.com/forums/67/topics/73472-replace-those-compression-valves-with-1-4-turn-angle-valvesIt's full of good info about plumbing valves.

I installed compression fittings on the copper pipe. 

Blow compressed air through it or suck with a shop vac the other end.

Market COMPRESSION, yes, market "CRASH", hog-wash.