In understanding your number, multi-family real estate is a great asset class to consider because of its tax benefits and low volatility/risk adjusted returns.

I'll have to talk with the service to see if we can adjust the snow depth and I'll for sure put some ice melt out.

I recommend you do this each year to adjust for utility increases and other variables.

If rents drop catastrophically you have a long way to adjust them if you own free and clear.But you are also getting the benefit of leverage on the other property.And best of all you are setting the stage for future growth by concentrating equity. 

Declining population means declining demand for housing which will result in declining property prices: US Census dataIncreasing inflation adjusted per capita income. 

Just don't make the rookie mistake of comparing different classes of properties without adjusting for the extra risk.

Congrats @Geoff Stuhr the building looks great - when are you able to adjusts rent to market?

Of course I am assuming these are your typical adjustable shelves on entry level cabinets that you can remove.

I recommend you do this each year to adjust for utility increases and other variables.

But I realize that’s not guaranteed, I’d adjust as needed as the dates got closer if they weren’t booking.