Along the same lines, the buyer who can barely qualify for the entry level SFH is acutely aware of their cash shortage and therefore are going to be less accepting of household features near the end of their useful life, even if still functional and have a stronger desire for anything that is listed as a deficiency on the inspection report to be corrected. 

The economy is rapidly growing so we see both cash flow and appreciation potential here.

I think comparing to the two-- syndications vs index funds-- is too difficult because of the nature of the specific RE under the syndication versus the broad economy(global and domestic) the index funds capture.

With 15 or so plaintiffs we would have a stronger case and the hard costs would be a lot less.He already has three or four more clients in a similar situation.

Life's just too short for dealing with stuff without having all those professionals and that economy of scale between you and the tenants.

"California's homeowners insurance crisis is growing and spreading to car insurance"https://www.kpbs.org/news/economy/2023/07/07/californias-hom...

This is primarily for MF where there are greater economies of scale.

The local economy is not very good at the moment.

Pros: Diverse job market, low unemployment, great resilience during recessions, nice appreciation, 1% rule can be hit if you look hard enough, great economy, good schools, Midwest nice.Cons: Extreme weather at times (hot/humid summers, tornadoes/hail, brutal cold in Jan/Feb), high insurance premiums, property taxes also really high.

What people aren't thinking about is that the world economy is changing and we're headed into an economic recession.