Survivorship bias is a dangerous thing to build an investment thesis on.And you might be right about a neutral observer seeing opportunities differently.  

I'm a newbie and was wondering if someone might be so kind as to allow me to observe their negotiation process with a motivated seller (I realize this is sensitive) and also glean some insight into your formula for how you came up with the offer.

yeah, they will be interesting to see, although I won't be going in person -- China is not often put in the spotlight, culturally, for the west's observation.

Mark : thanks for the insightful observations about About Rochester.

I am biased but it was an observation.

My expectation/observation is that people bought 'stuff' during the 'pandemic recession' and now that things are relaxing and getting normal, they will soon (12 month or less) be off-loading some of those assets (e.g. off-grid campers, prepper-style land acquisitions, generators, etc.)

It sounded like he said it was the observable common characteristic of neighborhoods in Sacramento that retained their value well during the last crash. 

If you are wanting to learn more about MF, then finding a sponsor that has experience and will allow you to be as involved in the experience as you'd like, from an observation perspective, will allow you to grow.

And then it has to be broken up, removed from the trench and disposed of.I've paid for and observed this process three times over the last few years.  

There was an awesome article in the Charlotte Observer (see the link below) about the current building boom in Charlotte and how it compares to the last massive building period in the early 1970's - including a discussion of some of the complexes that were built then and how they look today.http://www.charlotteobserver.com/news/local/articl...Takeaways:- Trendy apartments go out of fashion, and will offer frequent opportunities for renovation.- Despite falling from a class A  to class C level of community, the rent growth over the past 45 years in these complexes was 3% per year on average.- Today's B and C class apartment complexes generally started as class A apartments decades ago - that's where the best returns are for developers.- Unit mix is important - having most or all 1 bedroom units limits the customer base and increases turnover.- Real estate is forgiving - as long as you keep vacancy down and don't let deferred maintenance pile up, the properties will do OK.