But, because of so much competition, those gains were short-lived, and impossible to replicate. 

There are a tremendous amount of jobs in the ny metro area that can't be replicated elsewhere.

That is a great reminder to the rest of us investors to pay attention and try to replicate that in our own businesses.

We looking to extend our system where we can continue to replicate deals after deals..

This gave him consistency, ZERO vacancy, and some leverage over his tenants in some ways.I wanted to replicate that model.   

But its so easily replicated that if you even hint of what it is someone will steal your idea. 

I don't think that your friend could replicate his success starting today and going forward over the same time span.There is no one path to real estate riches.

The brick is so popular, that it is being illegally stolen from vacant buildings and shipped throughout the country for accent pieces, etc.The problem with this nice material, is that it would be insanely expensive if you tried to replicate the building exactly. 

-Ability to replicate this data and relationship foundation for other markets, given time and resources-Sales, relationship building and negotiation skills-Spreadsheet of 70+ potential passive investors that I have started the warm up process for investing.

People that bought warm belt states 7 years ago at prices in cold belt states today good luck replicating that in today's environment.