Older, less luxurious assets are now pushing north of the 6% threshold.With a significant stake in the $4.5 trillion commercial real estate mortgage debt, the multifamily sector anticipates a modest increase in loan maturities this year, with obligations of $255 billion and $243 billion in 2024 and 2025, respectively.

Do you anticipate a major expense like new HVAC or roof soon? 

Some areas of interest are: is the property going to be harder to sell, what kinds of issues should I anticipate, has anyone ever dealt with this before, etc etc.

My current understanding is that ADUs may offer better cash flow, although they may not necessarily provide superior appreciation compared to condo investments, considering the anticipated decline in interest rates over the next couple of years.Thank you for your expertise and guidance!

I am assuming the $500/month neg cash flow is projected with underwriting that reflects all anticipated costs such as maintenance/cap ex, vacancy, pm, taxes, insurance P&i, misc.  

Sustained maintenance costs that are higher than anticipated increased occupancy and nightly rates.

I love the anticipation. 

I would anticipate you would do one for a property that costs greater than $1,000,000.

Which means, as long as the total gross rent covers, the anticipated principal interest taxes, insurance - you will have a greenlight for funding, good luck!

Since it is the smaller unit I am anticipating $6,500.