The Hypersupply phase can last anything from 2-4 years before a recession hits.With the onset of this disrupter - the response to the Corona virus -the Fed has pre-empted the actions normally taken during the Recession to try to stimulate the economy but the drivers for this recession are not economically based and so this again skews the normal cycles.The best lens to to try to assess risk is to stay focused on the dynamics of the normal market - prices for multi-family properties are driven by the demand from investors - the competition for the properties is driven by both the desire for the business ( availability of investors) and the cashflow the property can produce in the future - the cashflow is determined by the space market - ie the market for rental space- the rental space market is driven by the employment market largely.

I was having problems mitigating a roach problem in adjacent unit, and the reason i finally realized her less than desirable living habits were creating a roach breeding mega heaven, and incidentally discovered the above mentioned stuff...any small crack or hole in by an electrical outlet plate, had the most vile and gross path of roach feces, full on super highway paths of roach feces into any possible wall void.YUCK!!!

It's in a desirable location, gated community + HOA amenities, great school district, and within walking distance to parks, coffee shops, etc. 

I mentioned I was looking to start a portfolio and they reciprocated with a desire to get rid of one of their properties.

However, there's a bit of a snag to this- while technically the house is under our name, my grandmother has expressed the desire that, for now, she wishes to collect all the rental income.

I am not a bank and have no desire to be one. 

There are so many in-person meetings here locally (even more than mentioned), that I just don’t know I’d have the time or desire to add a virtual one. 

They may have additional setbacks, restrictions on RVs, fences, architectural guidelines, min sqft, etcThat being said some of those things are desirable to some folks.

Great access to the outdoors, 300 days of sunshine, thriving real estate market, killer restaurants, cool neighborhoods, high desire-ability and strong economy (good for find high quality tenants). 

hi I just joined bigger pockets and I find your post very helpful.I went to a real estate seminar a few weeks a go and now I have the desire to learn all I can and start investing in real estate.Now I just need the proper tool and to build the network to be successful.