You are right that it increases the need for supporting professionals like us, but taking the long term outlook, I would say that a tax professional / accountant focused on the assets you are investing is imperative for success.

H mentions that --> It Just Doesn’t Make Sense to Buy Apartment Complexes at Current Valuations /  The Outlook for Rent Growth Is Poor in 2024 /  Expenses Eat Into Multifamily Profit /  Interest Rates Will Not Come to the Rescue J Scott is on the other side of the tracks and saying that Multifamily is Likely to Start Recovering.

Again it's not a deal breaker for me that the property cash flows immediately but that's good information, that will help me keep a realistic outlook as I move forward.

carpets look like crap after the first year.fibers get all worn out, and then prospective tenants get grossed out looking at it, EVEN THOUGH these same prospective tenants would destroy the carpet just the same.stupid double standard.

We had someone reach out looking to see if we would be interested in a 6 month rental from an insurance company that they would potentially have someone stay for 6 months, with then 30 day notice month to month tenant at will if construction isn't finished in time.They mentioned working with insurance agencies and shows on Airbnb he has multiple reviews and properties, but that he had a contact reach out in my area where he doesn't have rentals. 

I would estimate 1-5% depending on how I saw the outlook of the market I was in. 4.

@Mike Quakenbush it's great that you're helping a friend out. Look

.🔮 Future Outlook: Despite the spike, experts predict a dip to the low-6% range by 2024.

@Eric RiceIf you're looking at a short term outlook I would say real estate is not the vehicle you should be looking into.

The bathroom is getting partial new tile above the tub (I’m not sure how that will turn out looking but my contractor swears it is going to look fine. 90% of the original tile is fine the other 10% was moldy beyond being cleanable).