$85K seems extremely low for a garage conversion.

Buffalo is a great place to invest, but understanding that neighborhoods change extremely quickly is paramount to your success.

The one I'm with has been extremely helpful.

While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

Got paid for it and really enjoyed it, but that same amount of effort if done for us would have taken us to some really lofty levels.My friend is extremely happy.  

This property needed an extreme amount of clean up and haul away of items left behind.

Quote from @Max Ferguson: Quote from @Jay Hinrichs: Quote from @Max Ferguson: I'd be interested in hearing about it, but I can almost guarantee if you aren't extremely well versed in the local market you will not find an end buyer.

There is some financing available but it's rarely used, as it's extremely difficult to make a deal profitable given the lending conditions.

2) I bet you could draw that same or even more extreme graph for new car prices.

Quote from @Mark Wooldridge: A super concise and accurate summation of the SFR & MF property market - only thing I could add to that is how extremely low interest rates (historically) caused valuations to increase at a faster rate than they would have otherwise.