So I jumped on my computer, found a property that was good and required little demand from our shrunken wallets, then set up an appointment to see it.

Supply is dropping, demand is increasing, affordability is dropping, banks aren't lending, but sales prices are increasing.

When you get further away from the population centers there can be larger swings in demand.

Some of the sellers of real estate there were apparently demanding to be paid in an alternate currently other than the argentinian peso.

As to unfinished projects, still building, ensure the other phases are under separate assessments and if not consider contingent liabilities as to contracts and projected debt coverage, lease up or sales of at least 2 years, look closely to the market demand and scope of project.

An extra bathroom is a fantastic investment and will attract extra demand.

I would demand the Fed schedule-E, the maintenance logs, the vacancy/occupancy data ALL for two years each.In Calif, more than 15 units requires, by law, a resident, on-site manager. 

Then you need to figure out what someone might do with these properties and if there is any demand.

Make sure you understand the time demands on owning rental properties versus your business or job.If you buy in great areas the cash flow tends to be low but more rent growth and equity buildup.

Rental Demand is up and corresponding Increases are now common in Boston and most of Massachusetts now so I'm upgrading most of my apartments.