If the numbers are RUN CORRECTLY and assuming all real market factors (like accurate rents, vacancy, R&M, capital improvements, etc) and there is cashflow at the end that allows me to absorb economic compression WITHIN that property's performance then I would not hesitate to move forward. 

You can boost ISO, to a point.Regarding RAW vs JPEG, JPEG will look better out of camera and for MLS/Zillow/Craigslist, the additional detail available in RAW is lost in compression to the sites anyways, plus there is more editing needed right of the top, and converting before uploading.The goal with all photos is to grab attention.  

Rates have been suppressed for a considerable time, the mechanisms to do so coil up like a spring and at a point have so much tension that it can't really compress any further, that's where we are today. 

But the general gist at this time is:The phaseout for EIP 3 is much more compressed than EIP 1 and EIP 2. 

Appreciation is definitely nice, but the cap rates are much more compressed in those markets. 

Moreover, those yields will get compressed due to 3rd party property management - just something to keep in mind. 

This can expand and compress quite a bit based on the carrier, so you'll want to find a carrier comfortable in the MF space.

@Alexandre Marques dos SantosI’m observing a similar compression in Tulsa.

PMs will compress your margins tremendously. 

There are a lot of good markets in the South East and South West where the cap rates are a little higher than what you see in the North East, but cap rates have compressed significantly over the past few years.