Of which time is the most important part of the trade off, this is Passive.For most people it's not the ability to do it on their own, its the time commitment to makes the decision. 

Most likely no one will be able to answer this question because no one was buying at 4%-5% caps three years ago, and with most assets being held 3+ years the 4%-5% acquisitions haven’t sold yet.Having said that, 3 years ago when people said it was crazy to buy at 5%-5.5% caps, I’ve since made out pretty well on those trades, some of them exceeding 30% gross IRR on full cycles.

What was the outcome?

What was the outcome?

What was the outcome?

What was the outcome?

Condos in DC are a huge buyers market, and prices are trading at 2017/2018 prices in much of the city.

What was the outcome?

What was the outcome?

What was the outcome?