All of the meters that I've found require a single main supply to the apartment and plumbing in these old buildings is not so simple and re-plumbing it would not be easy. 

I’ve done research on the area to see if there is a market of buyers in general which there is because there is 4 months of inventory supply and the style, br/ba, year built all within a mile.

To determine this speak with other investors and also get a copy of your local Section 8 Housing/Apartment List to determine supply and demand.

Here's a list of expenses:Accounting Advertising Insurance (fire and liability) Janitorial Service Lawn/Snow Legal Licenses Miscellaneous Property Management Repairs and Maintenance Resident Superintendent Supplies Trash Removal- Taxes - Real Estate Personal Property Payroll Other - Utilities - Electricity Fuel Oil Gas Sewer and Water TelephoneThanks in advance!

I borrowed the 90k from my dad, none of my cash is in the deal except for minimal purchases of supplies.

So, it was a supply and demand type issue for them.

Of note, interest rates are an influencer rather than a driver (eg interest rates in the us were low at the time of the crash).Their are a lot of purpose built student housing units being built in Waterloo so there could be an over supply issue with student housing there.Edwin Szeto interviewed Tom Karadza on his podcast recently and he spoke about starter homes being less vulnerable to slumps because there is still demand for them and they go down in value less...thought that was an interesting observation.

Does a 3/4 inch supply line even have the capacity to push 5.5 gallons of water per minute through it?

Hey Y'all!

I'm finally here in San Antonio! I am currently negotiating on a flip-in property that needs a good bit of cosmetic work. I need recommendations for places to get good products at reasonable prices. Specif...

That being said, I don't necessarily see much evidence of a large increase of supply hitting the market any time soon.I will comment on the fear of buying at the "wrong time".