My license helped to take a look at the properties for myself, write offer in short amount of time & also pocketed the agent fee.I spent 1 hour/week to manage my 21 SFH portfolio.

I get what they are trying to do here, preserve 2-4 unit properties and discourage deconverting to SFH. 

the  I have seen a lot of properties come and go.  

Better tenants expect better and treat the property so.

I would consider these markets as part of the Recession Phase.I think the market cycle phase depends on location, but across the board I see either:1) Recession Phase for pandemic boom-towns,2) (light) Recession Phase for markets that aren't appreciating faster than inflation, and 3) Recovery/Expansion for places that never "boomed" during the pandemic -- just solid & steady growth (many Midwest/Northeast Markets).Either way, it appears to me that now is the time to buy (even more so for multifamily properties).What are you seeing in your market?

I am planning to offer an equity position to a friend in a property I am currently in the process of refinancing.

This is a very popular incentive in the city of columbus where tax abatements can lower taxes by 3k a year. on income of 60k for a traditional triplex that we build that would be lowering operating expenses by 10% if you assume approx 40%. it makes a big difference but I was wondering if anyone has actually seen the benenfits over time from holding these properties or investing in similar areas in urban core adjacent through renovations or new construction. there are benefits to selling them obviously but please comment if this applies to you!! 

The property is in pretty rough shape so we're planning on renovating before renting.

I’m Mike Rutherford, CFO of a real estate company focused on development, general contracting, and property management.

Held for 1 year, completed updates, the property appraised enough to justify sale.