The price reflect expected rent appreciation.  

You should be looking to BRRRR but understanding that you should expect to leave some capital in the deal nowadays.

This week the FED outshined expectations and instead of a .25 basis point reduction they cut it by .50% which is huge for home buyers!

To avoid going through the same poor experience, keep reading.Even if someone give you a referral, don’t make the mistake of assuming that PMC will meet your expectations, just because they met the expectations of the referral source.We also can’t believe how many owners hire the first PMC they speak with!

I never expected anything different though.  

Did it appreciate over the years the way you expected?

I understand that a DCR over 1 is expected (1.25 and above is best) but what if you're expecting that DCR to be say, .97 in year 1 but 1.05 in year 3, based on anticipating rental growth rates?

@Shrikant Kakani anything that cashflows right now, will come with risk.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Is this a pretty reasonable expectation for providence MFH?

The likelihood that your pension is there at the level you're expecting and when you're expecting is statistically pretty low so don't let that be the thing that holds you in a job you don't like.