They are even featured in articles, have been profiled and interviewed in the local media outlets, look really good online etc. and have a reputation around town as being highly successful because they have been busy buying a lot of units and making themselves look successful even while doing what I would consider very bad deals.It's smoke and mirrors. 

We had our 3-year township CO inspection today and were told that we need to have smoke / CO detectors that alerted both sixes of a duplex property. 

.- You close on December 10th- The property is in great shape and does not need any significant repairs- It only needs some paint touch-up and changing a couple of broken fixtures, which you do yourself- You spend the next week buying furniture, electronics and supplies and installing/arranging everything yourself- You also roll up your sleeves and scrub the toilets and sinks and appliances- You put it on AirBnB/VRBO and have your first guest renting it for the 3 days of Christmas- You second guest rents it for the following weekend and leaves before NYE- You personally clean and restock the place between these two guestsCongrats!

We focused on 1 and 2 br properties long before MTRs became trendy because they have lower price points, less competition, lower expenses, and while the tenant pool is smaller, so is supply.

The guy on the internet has no clue/smoking crack/selling you something/all the above.Dale, there is no "Agreement between the NAR and the banks".

I thought  @Elliot B. was talking about installing meters on the supply and return pipes for each unit and measuring BTUs there.

and offer up question and answer support for anyone interested in investing in residential assisted living, actively, passively, or somewhere in between.Over my real estate journey I’ve tried a lot of different asset classes and finally landed on residential assisted living as my favorite real estate niche and perhaps the most incredible growth opportunity for the next few decades due to demographics and how that will drive demand to keep outpacing supply.

Overall though to answer your question, there is some supply glut in the RRG area so those older properties with less amenities are struggling some.

I found out that was all smoke and mirrors.

The news cycle notes that the limited availability of affordable homes is primarily due to a significant gap between the demand for housing and the supply.