The mega site in Richmond, as well as Mt Vernon, will really change the landscape in these areas as they did in E-town when the battery plant came in play. 

Being out of state has you playing from behind if something were to happen.

Example; I am invested in a fund that does active option plays on Tesla.

Paid a top local esigner to come have a look and all she did was insult our cute little place that was doing just fine.....But I think where a designer could add value is by suggesting unique areas, like game rooms, coffee bars, outdoor BBQ/play areas, and stuff like that. 

We cannot breach our guests' trust by playing games with them. 

New construction in a saturated market isn’t always the best play if you’re looking for steady returns.A place like Rochester has way better fundamentals—lower buy-in, strong rent-to-price ratios, and stable demand from universities, hospitals, and major employers.

I can certainly see those scenarios playing out as they have many times in my experience. 

Hey Eli, Great question on the 6% and it does play a factor into the cash flow.

Becca, the strong play in the Bay Area is value add.

Austin is more of an appreciation play than cash flow.