Could there be an existential threat in multifamily like Office had with Covid or Retail had with the rise e-commerce?

Hey BP fam,Looking to start my section 8 portfolio in Fayetteville and wanted to get your experience with their HUD office?

**Deed Recording**: The deed is submitted to the county recorder’s office, which officially documents the property transfer.

I say 'If you get in that car and drive off I'll call the police' They'll try all kinds of BS but I hold the line and say I can't control what you do, but I'm telling you what I AM going to do.

You can 1031 exchange a portion that makes sense for you (office right now is market specific and an opportunity if you know what you're doing), and take the other portion as "BOOT" and pay taxes on that portion. 

I sent certified mail mid september that was returned from the post office. i eventually flew drove down to the property in beginning of October to post eviction notice on garage and front door. i inspected the property that seemed half way abandoned.

In this case you can do up to (6) residential units and (1) office space...but that is the cap. otherwise 4 units is the most you'll be able to build.

Perhaps a sober living company would police things and you would be protected but our experience was not good.

DJIA Percent Change (%)​PresidentDate of InaugurationLast Day in OfficePercent Change (%)Annualized Return (%)Johnson11/22/631/20/196930.95.3Nixon1/20/698/9/1974-16.5-3.2Ford8/9/741/20/197723.48.9Carter1/20/771/20/1981-0.9-0.2Reagan1/20/811/20/1989135.111.3Bush I1/20/891/20/199345.09.7Clinton1/20/931/20/2001226.615.9Bush II1/20/011/20/2009-24.9-3.5Obama1/20/091/20/2017149.412.1Trump1/20/171/20/202157.312.0Biden1/20/211/20/202526.47.7​​Median26.4%7.7%Median Republican22.5%7.9%Median Democratic30.9%7.7%​[Source: The Bahnsen Group]S&P 500 Presidential Term PerformanceSince the Great Depression, 78% of four-year presidential terms have seen positive S&P 500 results, with an average return of 33% per term—regardless of which party holds office.​Election YearElection Winner% Since Previous Election% YTD on Election Day1964Johnson54.5613.541968Nixon21.046.871972Nixon10.5511.651976Carter-9.5514.311980Reagan25.1619.551984Reagan32.063.321988Bush61.4611.361992Clinton52.610.681996Clinton70.0715.942000W.

Our office is based in Doral, I'd love to interact with more people in the community.