In my opinion you should NOT pass up the opportunity to secure solid, life long rapidly increasing income in a growing industry with a serious demand for talent with flight time.

We are growing at such a rapid pace I have noticed our systems aren’t adapting.For example, with all of the units, there are a substantial amount of repairs and maintenance going on.

You are right, Portlannd is growing rapidly and it's hard to find a good deal.

Our current investment focus is buy-and-hold multi-units around Muskegon, Spring Lake, Grand Haven and even Grand Rapids. 

Why has it grown so rapidly to over 750 agents?

Thank you very for rapid response.

I plan to educate myself as rapidly as possible.

The larger multifamily deals generally have low cash flow but also rents are appreciating rapidly and lots are rehab value adds.

We have seen this in the past with inflated markets with rapid apparently guaranteed appreciation.

I can only assume its located in a rapidly appreciating market where investors are willing to suck it up for a couple of years and let price appreciation do the hard work for them (always a risky gamble in any market).