One works for MTA, other is a teacher in Union county. 

Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Shannon Johnson.

Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Graham Lyster.

The characteristics defined by the location include:Total capital required: If you can grow your portfolio using accumulated equity by cash-out refinancing, which is only possible in areas with high appreciation, you'll need considerably less capital from your savings.Inflation protection: Whether rents outpace inflation, enabling you to sustain your lifestyle indefinitely, only occurs in cities with significant and sustained population growth.Income persistence: How long your income will last.

What’s changed is how quickly and widespread the internet has enabled the dispensing of information to be.  

In alignment with Jason's suggestion, it is advisable to explore various financing options for your property acquisition, potentially enabling higher leverage.Regarding the advice from your Realtor advocating for more expensive multifamily properties due to reduced competition, it is crucial to critically assess whether this aligns with your investment objectives.

This AC unit was super easy to set up and install, and is also wifi-enabled so you can see exactly how much power you/your tenants are using via the GE app, as well as giving you alerts when the filters need to be cleaned (pull-out reusable filters are very convenient and easy to maintain). 

As @Adam Adams mentioned, we are taught to trust our teachers.  

Quote from @Shawn Sopic: When you bought it, it didn't have A/C, so I suspect other buyers will do the same.Installing A/C may not provide a dollar-for-dollar return, but it can make the home more attractive to buyers and enable you to sell it faster.If you spend $10,000 to install the A/C, you can expect it to increase the sales price $5,000 or less.

This enables us to be usually within $1k or so of the actual cost.