Category 1 is water that came from a clean source, such as a supply line or faucet.

I guess it all evens out in the end :) The unfounded run up in the money supply caused an urealistic amount of capital and leverage to be avaiable.

Supply and demand.

Unfortunately, life seems to have an unlimited supply of lessons.

The supply is insane there (hence the 45 of ARV and ability to assign) and the area is losing jobs as 17%+ of it's employment base was dedicated to construction.

Rents follow the law of supply and demand.

My real estate agent had one so I went to the local office supply.

I don’t know where you are getting your information, but it is wrong.The FED is NOT privately held.Also, overnight lending is a primary function of the FED that anyone who pays attention knows.The FEDs primary purpose is to manage the money supply and maintain liquidity needs.This from the Federal Reserve website: Who owns the Federal Reserve?

Downsides here are the higher risk, higher costs of financing, and the limited supply of commercial multifamily properties that can be purchased and rehabbed for under 65% - 70% of ARV.

Well, I paid for a few gallons of paint, supplies, plus a bit of sweat.