I believe that those who buy multifamily in late 2025 and early 2026 have a chance at amazing returns relative to most other asset classes over the back half of the 2020s. 

Had the chance to do this flip with a close friend that did not have to capital to take it on themselves.

Think on that, a person has an 80%+ chance of there "pick" not just loosing, but possibly going to $0..... 

If you have a gas insert there is also less chance to start a fire then leaving it to them not to use a wood fireplace. 

Well, without any kind of significant cash on their end there is going to be a much higher chance of default.

It is coming to market in our off season, should we wait closer to our peak season to release it so that we have the best chance for the most bookings in a short time frame? 

How would they get to any of these subsurface rights with 1/8th acre lots and barely 20 feet in any direction between any houses and any roads. 

You might get lucky and get matched right away but chances are, there isn't a fire happening right were you are at, and with the right home / school / budget, etc. 

As to the buddy I mentioned in Washington state it was the same scenario; he converted tax-free up to their standard deduction but above that he kept within the lowest tax bracket and paid the smallest amount of tax possible.Thank you @Basit Siddiqi for calling me out on this and giving me a chance to address my mistake; it's important people have the correct information.  

I understand it's a chance we take when we become landlords, but mercy.John