The theory is spot on, in practice however that logic rarely plays out - at least in recent years where multifamily has been crazy.

A tiktok live of a dude playing a long haul truck driver simulation.

Most of the bad noise right now is about downtown skyscrapers and REIT or Syndication apartment complexes where they played short term versus long term interest rates wrong.  

But there are also a lot of reviews online calling this place a scam.

There’s demand for rentals in the area, and multi-family properties tend to hold value even in market shifts.New Construction: With SWFL growing fast, new construction is a big play, especially if you can tap into neighborhoods where demand is rising but inventory is still limited.

it is already the 6th day of the month, and most of our tenants made the on time rental payment on the 1st.we am copying our attorney soon and will report to the police department for lost $49,987.00 tenant rental income.So far we have called your customer services and online chat but nobody is answering.

You can play around with how much you want to take out.

Why not have an online meetup in the second week of April?

Look up the default risk by credit score, this information is readily available online. 

There are mortgage recast calculators online or you can reach out to your lender.P+I payment will go from 2155 to ~1800 given the numbers you provided.