As an investment this is a great hit.  

Seems like many of the apartment syndicators moved to ATMs, then Car Washes, now pitching Oil and Gas Drilling programs.Who can comment if these are hitting their numbers?

Prices are low and they hit the bottom during the real estate crash.

There seems to be a convention to hit just about every weekend. 

Actually you'd never hit that because eventually the debt pushes you into a margin call and forced sell and you'd be at or near $0 in just handful of years at best. 

Yeah, they hit Quest with an order (with which Quest was complying before being sold) – after Q had stepped back.

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally. 

@Kristian Sexton@Sami Gren she hit it on the head. it is more of a liability issue when it comes to adding someone into the middle of a lease term.

Pick the amount of income you want real estate to provide you, and buy the amount of units you'd need, such that if they were paid off, you'd hit your goal.

It may not get the number of wind/hail storms like TX does, but when the storms do hit in MN, they're usually very large systems, and produce awful hail damage.