I would be working at 1% of purchase rent, nose-dive property value with very little chance to substantial recovery.However, I'm actually doing very well.

I wouldn't use a bull nose here.

In 6 months you could be at least out of the office.I'd say the best potential buyer is under your nose working with you.

No wonder lenders turn their noses up.

The nice thing about rental property is that, unless you're in a war zone or economic basket case area (which this condo is not), rents will creep up every year, keeping up with inflation so as to cover rising expenses and provide slowly rising monthly cash flow.Some of those reading this post, perhaps those in expensive markets, or high earners, may be turning up your nose at the small amounts of money involved in this deal. 

If you're not primed and ready to jump with your set criteria, team, and financing options, most deals will disappear from right beneath your nose.

Hi, Dealer 417, granite tile with a tight gout line and bill nose trim looks pretty good too and from a distance, can't tell the difference.

Not necessarily as there may be value there that justifies the going in price, despite the nose-bleed cap rate.  

With local multi family prices at an all time high, oil very, very low and the various national factors (inevitable rate rise, election year ahead, etc) we have been trying to keep our nose to the ground for any signs of a correction or slow down. 

Or, since I don't come to BP enough, as I should...are they right here under my nose?