Getting rid of the PMI makes sense if it actually lowers your payment. 

Influx of a lot more units at lower prices drags the median down, even if prices are actually rising.And interesting caution on the appreciation and interest rates.

Should a 24 unit apartment have similar or lower expenses to 12 duplexes?

It seems here in the Bay Area, it is starting to soften, DOM increasing, some sellers having to accept lower than listing price.

One reason I love this asset class is the opportunity for forced appreciation through building income and/or lowering operating expenses.One factor out of an investor's hands - it seems - is the market cap rate, which will ultimately decide the asset's value at sale.My question is: how volatile are are these cap rates?

For example, if I can get 3x more than my mortgage in rent (at fair market value), then I also have more cushion to lower rents and absorb vacancies during downturns, thus ensuring I can keep my properties and long term gains.Curious, the locations you mentioned ...did others share any numbers to support?   

Don't resign yourself to lesser returns or get involved with lower class tenants; look harder and get to know the area better and be patient-and don't forget local REI meetings!

Im no help as I always pay private investors a set interest rate for a set time frame.

There are so many more requirements to Lease-options / executory contracts in Texas that fee simple is one of the lower determinations.

The higher the deductible the lower your overall premiumbut get quotes on all the deductibles you are interested in.