Home prices increased the most in Oregon (11.7 percent), Washington (10.3 percent), Colorado (10.2 percent), Florida (10.0 percent) and Nevada (9.6 percent).

LOLI don't know much about market cycles (I need to learn) but I feel that something like RE can't keep increasing in prices at current rates while the rest of the economy is going at a slower pace.

The NOI will increase due to increased rents.

or is the home at market rate but there is something extraordinary about it like a big company has recently moved there, good schools, and some nearby favorable attractions (starbucks, etc.).  

When building new, it is possible to design and build houses, and larger buildings, with a modest increase in up-front capital (10 - 15%) costs in comparison to the "normal/typical" minimum code build, which have resulting energy consumption 70%+ lower.  

Good chances are you'll be fine if you give them a notice to vacate, but what you may think is totally rational could increase your liability and land you in hot water if the tenant decides to lawyer up.

They base my sfh off comps and I'm sure they would also appraise and find comps for your multi units and if you put $40k in rehab then that is good for you because that will increase the value and some of the other multi units may not be as updated as yours.

The article above suggests that rents are increasing faster than prices, which would lead to increasing cap rates.

(but I will be sure to increase the rents with the next tenants)   We had 20 applicants within 7 days of posting the property. 

I’m happy to announce that after a LONG 2.5 year process, as of July 25th, I passed my 2nd NRC Exam in my long career in nuclear power.So here’s my story in purchasing my first duplex…Around June or July 2015 I was trying to figure out how to buy a property outside of my SDIRA to increase my personal income.