Prices are down here YOY, so unless you dramatically improved the property, by adding new bedrooms for example, then you're unlikely to sell it for more than you bought it for right now. 

There's a dramatic difference between what people want to sell their duplexes for and what people will buy them for right now in my opinion.

Three of the six units are operating as furnished units with opportunity to convert the remaining three units in order to dramatically increase revenue.

The city is still quite spotty and changes dramatically block to block. 

Yes, I agree we will likely go back to the broker to refinance anyways but this provides for the scenario when rates across the board are dramatically lower, in which case we can refinance with this lender hopefully easily with minimal fees. 

No but they are much more likely to fail dramatically at the worst possible time.

Many Boards fail to properly meet their fiduciary responsibilities, and this shows up in the form of "unexpected" Special Assessments and dramatic monthly fee increases.

As opposed to pre 07 or 08 were so much property was 100% or MORE leveraged.Even if you have price corrections those that own properties free and clear will just ride it out.Now if you had rent compression that could be a problem but I don't think other than a few markets that's on anyone's radar.If for some reason subsidized housing  like section 8 came back to market rent rates that would create a ripple .. and or if they drastically cut back on it... that would effect the mid west cash flow markets pretty dramatically.

It's dramatically more contagious than the flu, and the mortality rate is significantly higher, particularly for certain cohorts. 

I am not sure exactly what wage growth was but I know it was dramatically lower.