@Bobby Narinov To me this case illustrates the pitfalls of apartment buildings.

@Jeff Rabinowitz People involved in real estate are party animals, illustrated by spending Friday night on Bigger Pockets.

Please don't see this as a personal criticism, Gail, but just an illustration of what I see as some common misconceptions. #1 Excellent, most tenants, including Section 8 tenants, are normal renters who pay rent on time. #2 Section 8 tenants fall into 3 categories: The Working Poor, The Fixed Income Poor, and The No-Income folks.

Thank you for the graphic illustration of your point.

This whole debate just illustrates the worst thing about BiggerPockets.  

But I used 60 in my analogy to illustrate an age "a long time after middle age".

This is a simple way of looking at it, but I’m trying to illustrate my broader point.

Just for illustration purposes.

So, the mere act and willingness to pay more is an illustration of desperation.  

The city hopes to reopen the Mayfair in February.Still, hotel investment activity could shift, and more discounted or distressed deals could transpire due to CMBS debt maturing in approximately 50 hotels in the next two years.Here are several graphs illustrating the current hospitality market in Los Angeles County:Full Los Angeles County Commercial Hospitality Market Report Here: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/file/1183591/Los_Angeles_-_CA_-USA-Hospitality-Capital_Market-2024-01-15_compressed.pdf