Third, you have to have boots on the ground if you are doing value add plays.

Hard to be in the cash-flow, expansion phase of your journey playing with a balance sheet / capital pres hand.   

I will say that mid July to mid August is always the slowest selling season for me personally every year so that could be playing into it some.

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?