The notion that low rates will prevail long term seems based on the view that market forces can be overcome by Fed policy alone, which they can't, at least not naturally. 

Then they have to sit there until it's done, to make sure nobody throws their underwear out on the floor, listening to everybody else's kids running around screaming (Our kids are very well-behaved, naturally).

I almost purchased a two family with 2700 square feet seven years back for ~$900k - now that same home is probably worth at least $2mm BEFORE the coming "Amazon effect"second choice would be a non-landmarked 2-3 family house not more than .5 mile away from the 7 train. third choice a smaller multi-family building. cap rates will be low in 4% range but if you can hold it for 5-10 years with adequate reserves and money to upgrade, you will do wellhttps://www.zillow.com/homes/for_sale/Queens-New-Y...https://www.zillow.com/homes/for_sale/Queens-New-Y...fourth choicepre-war landmarked coop apartments in Jackson Heights. not an investment per se because you usually can't rent these out but if are an owner-occupant, these will do great. fifth choicea condo in LIC - these are already expensive and you'll probably have negative yield but IRR will be fine over a 5-10 year holdAs happy as I am for the Queens news, I was even more thrilled to hear about Nashville because it is the one and only place I have been out of state investing for the past four years!

Then within 15-20 years they sell the property hopefully giving significant returns, though obviously being so far down the road this is somewhat speculative.I guess my question is twofold: These numbers sound too good to be true, especially given the tax free nature of the returns.

I’m not sure what the rules are on this website, so I don’t want to overstep my bounds, but you can find the YouTube video with some more info by searching “Cambutal 308 acres”As far as utilities go, the property has a natural water source and city power is less than a km away. 

Many people take a common route of naturally starting out with either SFH or residential MFH and then gradually moving into larger properties.

Only mother nature knows if the supposed "100-year flood"will happen in any given year (here's a video) that is by an engineer really fascinating for us Nerds.

Naturally with these types of companies if you cancel your agreement with them, they continue billing you like a scammer.

The developer in this case added value and didn't just hope for natural appreciation.

Another way that i could have prevented this was to make sure we had adequate heating in the property.