Obviously this would artificially increase their credit rating.

It has created an artificial market do to govenment intervention which is scary, as we all know what usually happens when the government intervenes in the real estate market.

These may be artificially low if the building had reduced occupancy during the prior year, so watch out for that.* Validate what the prop taxes will reset to based on your sales price.

I am looking to buy 2-4 family buildings in 2 areas close to NYC.I'm looking for an "intelligent" thought process as to which area is a better investment.I'm usually a long term investor who buys and holds unless there is a crazy market like before but I don't expect that anytime soon.Area 12 Family is 200k.Taxes 3kRent $1900 (950x2)Travel time to NYC is 35 minutes and you need to take 2 trains. ($4.00 each way)This area is a rough area that was getting better and now is quiet.I had a few buildings here and sold all but one in 2008 because prices went up so much so fast so I took the profit.I can get good tenants but I have to show the unit 10-15x.

., not because we don't have enough intelligent people in America!

So, it seems multifaceted and I need more studying before I feel I'll know how to communicate intelligently with these three topics.

Not terribly intelligent legal work... but I can see how it happened.

I feel like there is a huge opportunity for borrowed money at the moment because of the historic and artificially low interest rates.

.- "Hipsters are a subculture of men and women typically in their 20's and 30's that value independent thinking, counter-culture, progressive politics, an appreciation of art and indie-rock, creativity, intelligence, and witty banter.

There are a number here on BP who can speak more intelligently than me.