Since you recently purchased, yours was reassessed at todays values and theirs are still working off assessments from years ago (possibly) and the people you bought from likely had an old assessment as well.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

As someone with a military background, I’ve always approached investing like a mission—know your strengths, assess the terrain, and execute strategically.For me, starting with SFHs felt like the “crawl” phase before running into multifamily.

I’m reaching out to you, the seasoned investors, for guidance as I work toward making my first acquisition.So far, I’ve analyzed over 100 deals to assess their viability and profitability, and I understand the law of percentages in CRE.

I suggest contacting an RE attorney who can assess your options.

Unless the Seller is certifiably insane, they'll add a clause to the contract that the bit coin will be assessed at the time of closing and the present value applied toward the total purchase price that is denominated in USD or some other currency.  

A SE walk through would run around $600-1000 to assess it and would be a good starting point honestly.

I also agree that RE appreciation is unlikely to match the last dozen years, but you never know.Where I am unsure we agree is that paying $450k to improve the cash flow ~$3k (your numbers but I expect my delta wold be similar meaning both my cash flow estimates would be worse than yours but both would be worse by the same amount not affecting the difference) makes sense especially if the cost of having the extra $450k is only 6% rate which is historically simple to beat via numerous investment options and hopefully no one is investing in RE for an expected of 6%.  

However; investors also bear a responsibility to sufficiently investigate the contemplated investment, to assess whether the investment is appropriate for them, and to know or learn enough about personal finance to evaluate whether or not they are able to sustain a loss without undo strain.  

I also looked at hundreds of deals online and visited over a dozen properties before I landed on this 8 unit.