This is s good observation.

I do not know how the two may overlap and I can only comment on what I've observed in the Philadelphia market, but if the Philadelphia values I've seen in past social media posts and the limited financials available through their filings pertain to REIT owned assets, I can't foresee a scenario where the investors receive anywhere close to the share prices in the event the entire portfolio were liquidated. 

I of course have no real idea, but based on observations and years of being a political junkie of sorts......I think that number is about right.

We will continue to observe the performance of this property and eventually will build a second house next to it.

This is consistent with data from sources like Zillow, Redfin, and the local Santa Barbara Association of Realtors.However, when I go to "Pick Markets" and select Santa Barbara, the median home price listed is $620,000, which doesn’t align with what I’ve observed locally.

And after observing @Benjamin Aaker in action I love how he manages his debt. 

The market isn't going to take off and leave you behind tomorrow--you have time to take this slow and learn, observe, and review offerings without making an investment until you are ready. 

Hi Thomas,Super exciting to read your observations and amazing to have someone as experienced as you to comment REI in Portugal.All my portfolio (only 5 properties) is LTR, from the beginning (2015).

I have 3 properties and that seems to be what I have observed at least with mine in the Phoenix Arizona market. 

A few observations:1.