.)- This is from the perspective of only ever having functioned in a hot local market that is ALSO comprised mostly of 50+ year old housing stock.

To me commercial MF functions more like a business than an investment - You have more control and the better you run the property, the more it is worth - just like in business!

It takes 5 minutes to run the over 50 reports - client helped us develop this appLet me know if you are looking for specific software that integrates with QuickBooks.It is just a matter of learning the functionality and accepting it.

., or just a function of that time of year being historically slow.I would love nothing better for my investor clients than to have prices normalize and/or lower, but I still think it's too early to tell.

Appreciation is dependent upon ongoing demand, which is a function of population growth and sustained job quantity and quality.• Located in an area with investor friendly taxes and legislation - Taxes include both state income tax and property tax.

Functional vs. non-functional housing.

@Gary Kuang - You should be able to use the search function in the profile area to locate investors in the NYC area who are doing flips.

Do not confuse that function with real property title companies daily business.  

There's lots of resources and information here on BP, so definitely use the search function, but never be afraid to ask questions.

@Matt Schelberg  just functional, physical and social obsolences at work in the market place.. its so foreign to us out here..