I do think the asset class will experience devaluation as buyers price in the economic distress of COVID, but as long as the long term demographic fundamentals remain in place, MFH is setup for success so I wouldn't be fearful of a bear trap.I think an interesting thing to watch is if/how COVID affects any of the demographic trends currently supporting the rise of MFH.

I was wondering if anyone knew where I could find a study group or a place that could simplify the understanding of the Fundamental sections.  

Referring to a broker as a lender is fundamentally incorrect because the broker is specifically not doing business as a lender; they are not funding the loan and their name is not on the note.   

Fundamentally the question relates to percentage of ownership or involvement of an otherwise disqualified person (DQP) determines if they are actually DQ'd. 

This is due to the consistent efforts of the local business's and governments's improving various aspects of the economic fundamentals needed to improve property values.

If your appreciation is based on sound fundamentals then property A is the correct choice for profit.

Greg S. ...so you are an expert on the Cambridge/Somerville/Boston rental market and the fundamentals that support these rental prices?

Unless I'm having a fundamental misunderstanding of how financing works on larger multifamily properties...?

Everyone wants to buy hot high flying stocks and assets, but few are really willing to pop open the books and research fundamental analysis.

Let's not get too bogged down by the term 'bubble' - I understand that markets inevitably rise and fall, and the not-too-recent-past represented a very definite bubble, but the market fundamentals were also much different/much weaker (IE: lending to anything with a pulse).