My question is a fundamental one: Is it a sound financial decision to purchase a live-in multi-family property in seemingly peak market conditions? 

Do you mind sharing how you determine your rental rates: Check other similar props on VRBO AIRBNB, management co, etcVacancy Factor: I know june july august 10 weeks of summer peak rents is standard in my market and the other 9 mo I figure 85% occupancy (because that is what I have with good management and keeping an eye on rates) 

I've had an interest in investing for quite some time. I've bought a rental home with a 80/20 mortgage loan, but then lost both my primary residence and the rental due to medical conditions and making some decisions t...

We have a hot market in mind that has already had significant appreciation but we expect has not reached its peak and may not for quite a few years (so not a cheap market).  

One more thing, however that article shows that price went south, but I have personally noticed that prices in Bayonne has aready crossed 2006/07 peak .

Good Luck and go to a session of Court before your case, to see the disposition of the Housing Court.By the Bye, how's your Property Tax?

Where you must get out at the peak rather than at the bottom. 

Maybe I got out too early, but the market is very hot and near a peak.  

My amateurish thought processis you have had a lot of showings in peak season, but not a single applicant.

Hope this helps some new or intermediate real estate investors understand how to find apartment opportunities.Just got back from looking at another 100 plus apartment unit to ad to my 1000 apartment in a year goal.Here is a SNEAK PEAK of what my experience was like.On this deal, I want to tell you the tale of two apartments, because on this deal, if you understand the dynamic of these two apartments, you understand how to create $4.2 million dollars in 2 years or less.In the video, you will see footage of the first apartment, and the last few video clips are from the second apartment.So the apartment I visited is what you call a VALUE AD.