It is popular amongst investors because you don't get capped at a certain amount of products, it requires less paperwork, and it doesn't look at DTI/taxes/income.

Lately I have been studying the multifamily property market and I continue to see cap rates between the ranges of 5-8% within 6-8 units around where I'm looking to target my investment.  

Well I think generally the first question would be, what are the cap rates for the area?

It's just a strategy...much like out of staters buying "10 caps" in Ohio without visiting or knowing the area well, it has its risks and should not be attempted by first timers. 

But in 2023 hoarding cash could yield almost similar appreciation.In 2010 era, typical asset class cap rate : 10% ; typical asset classs in 2023: 4% Summary: by converting real estate equity to cash/debt position from 2023 and forward, as long as rate of appreciation is less than inflation, we don't actually lose that much.So yes selling everything real estate is making sense in 2023 as well.

It has been recently introduced and is supposed to put a cap on the cost to install utility hook ups for new construction and ban hedge funds and corporate entities from buying single family homes in California):SB 1210"This bill would, for new housing construction, prohibit a connection, capacity, or other point of connection charge from a public utility, as defined, or a special district, as defined, for electrical, gas, sewer, or water service from exceeding 1% of the reported building permit value of that housing unit.

If seasoning is less than 6 months you are often capped by lesser of 70% of ARV or purchase + renovation.

If they file separately then only she can take the exclusion deduction on sale up to that 250k cap(since she did live in the home 24 months out of the past 5 years), and he cannot (in general). 

His neighbor decided that he doesn't want my friend's sewer line running under his yard, so the neighbor dug up the sewer lateral, cut and capped the sewer near the property line.

But with all major repairs done and a cash flow of $4000/month (with healthy allowances for maintenance and cap ex) we hope to start taking a monthly cash out in a year or so....