We found one that has helped us scale our multifamily business and I cannot stress how big of a role they played in helping us.

@Alexis DalPontCashout refi is my favorite play!

The appreciation has been significant over the last several years and I suspect property here will continue to appreciate over time, both from overall property value appreciation but also the rents are appreciating which helps owners with their cash flow.I personally like multi-family properties the most, especially for newer investors as the properties being sold are often in such a condition that allows for cash flow to come into play after some renovations or lease improvements in the first couple years.

I don't feel playing the appreciation game is the best strat after the housing market increase the past 10 months. 

I am an 18 year old studying Physical Therapy and playing football at a local d2 school where I live.

There are other factors at play than just the cash flow! 

Do either of you know how they play out from an appraisal standpoint?

It’s a get rich slow play and there’s nothing wrong with that! 

That's playing with fire.Also make sure you are well capitalized, if half your renters stopped paying how long can you last?

Random fact: Play-Doh was created as a way to clean coal soot and dust from wall paper, back when there were coal fired furnaces.