Their data is useful, their people are intelligent, but statements like “canadian real estate could fall ____%” are beyond ridiculous.

What are you thoughts about artificial grass on top of the brick area with patio furniture?

This park may be capped extremely low because the seller knows they can get more for it due to the potential upside.Also, it is quite common to see cap rates artificially boosted by seller and broker assumptions that you may not necessarily want to make in your own evaluation.

Be kind but firm with your tenants, understand that sometimes they will see you as the bad guy because you will have to do things that will disappoint them (ie, raise rent/deny requests) and that not every tenant will have the emotional intelligence to not lash out at you.Good luck with your investment.

Keep in mind that covid-19 is an artificially created economic disaster. 

Thanks for starting this thread, *definitely not an expert so I want to follow this and hear people's thoughts.But my rough thought is I don't know lol and it's a great time to be patient, stick to great numbers, and try and learn from this experience.I know inventory still seems to be relatively low across the board in this state, and demand is high so from that stand point I can imagine prices staying high for a while until this imbalance changes.I also feel while I'm not trying to buy multi families, or certain single family homes I wouldn't completely stop buying in almost any market I just think you have to be mindful of what you're buying and really run your numbers like always.In the meantime, I'm trying to stay focused on finishing up a live-in flip and getting it to market while the comps are still very good, selling off a 2-family we intended to hold while the inventory is extremely low and demand is high, and focusing on buying more intelligently; deals that truly work as both rentals and flips to be a bit more protected (this is a goal anyways, but it becomes more important when the market is hot overall)

It's a massive population glut and they're going to be seeking to capitalize on high asset values and the artificially low rates that enable them while they last (the low rates are double-impacting, of course, as they facilitate the buyers buying their homes as well as they themselves buying their next home). 

One thing you said really struck me in that your client is well respected and intelligent.

In my surmise, Congress is artificially fore-stalling the 2020 Recession form going into full effect in 2020, with Congress doing so, for months into the future, until some means are found to defeat this virus; & I don't know, nor can I guess, as to when said remedies against this virus will be effected, hopefully in 2021, or maybe will take to into 2022.

Although right now it seems like things are fairly stable and I believe that our government is artificially propping up this economy.