My mom actually happens to be a property manager.

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

We actually CAN'T explain what we are seeing if we are operating on the "purely rational actor" hypothesis (as you implicitly observe), we MUST include highly irrational and emotional individuals to explain what we are seeing.- Investor uncertainty.

@Chris Kittle I’m not an attorney and could be completely wrong, so please consult an actual attorney before you do anything no matter what people say here.

And people think Ai is going to replace accountants.one can argue that apartments.com is just a processing the payment and not actually holding the funds to transfer out.If apartments.com all of a sudden reverses the payment for insufficient funds?

Nope......i heard of it on a podcast though.i actually have studied banking and economics for the last year and a half.

@Kiran AsknaniAirDNA is within shouting distance of my clients' STR actual revenues here in Colorado.

Shenell, It's great to hear someone may actually understand what we're trying to accomplish.

And your net worth will thank you.If you still want to go ahead, you'd be better off buying a house than an apartment because, while the value of the building itself will go to 0, you'll still have the value of the land, bearing in mind that the land might actually lose value too given the depopulation and the yen depreciation.Sorry if I'm pooping a party but make sure you understand what you're getting into (which you're already doing by asking the forum) and then make the decision that's right for you according to your objectives.

The mechanics of the transaction were actually very involved and some of the most intricate and detailed of any transaction I've been a part of, however the results were worth the effort.