My "day job" is in digital marketing (corporate, not "influencer"), so that tends to be my sandbox ;-) Thanks John!

Quote from @Pat Aboukhaled: Chris, that’s a great question, and it’s one that tends to trip people up more often than you’d think.

Without major rent increases, multi-family property values tend to stay flat.

These are all areas where home prices tend to be more volatile than other parts of the country.This is likely due to their relatively high loan-to-value ratios, and larger share of the market that is dominated by home flippers.

They tend to have worked with a lot of PM's in the area and can help you weed out the good and bad options. 

Your guys' agent should have slapped him around a little and nicely informed him that he's nuts.

LLC's have their place, but they are overhyped and new investors tend to overestimate their importance and underestimate the administrative effort.I have been a landlord for 15 years and well connected, yet I don't know anyone who was very saved by an LLC, so I asked BP nation:https://www.biggerpockets.com/forums/926/topics/1151922-than...

The idea of putting eggs in one basket (season) does tend to intimidate me.  

Unfortunately we didn’t get it, supposedly got beat out by an offer 50k above our 50k over asking offer and they waived appraisal and inspection (we were close to that but not that nuts).

They also tend to have lower tenant turnover and simpler management.