If your making that type of return and see that trend continuing its a no brainer especially if you plan to leverage it with a mortgage.

Hi All,Our live-in project house is under contract. We have a list of projects for the next two years which is mostly cosmetic (got lucky, no 2 x 4's needed). There is an unfinished area of the basement which is desig...

If so that would allow for a 9-10% year over year increase on rent controlled units, which seems pretty high.What has the historical trend on the PS increases been?  

This narrative seems to be more of a news headline than an actual trend supported by statistics showing decreased demand. 

 The market is one of the hottest in the U.S. and the appreciation in Austin Central is incredibly high due to large corporations moving in (Tesla, Samsung, SpaceX) and the surrounding cities such as RoundRock, Pflugerville, Del Valley, etc are great for cash flow due to the increase of job opportunities.

This is in one the hottest zip codes in Charlotte.

But I can see the slower trending now from 40 offers to 10 offers. :( lol  

Not sure if this is more of a trend than historically speaking, or similar and just getting more attention.

What made my investor interested in this deal was the neighborhood, Olney is one of the hottest markets to get into in Philly, with the continuing issue of inventory being extremeley hard to find my investor jumped on the opportunity.How did you find this deal and how did you negotiate it?

Because once I realized, after millions of questions, that it was a great way to make the same, if not more, money than I had been in rentals (I'm not a house flipper, nor a rehab and rent sort of person, was more a buy and hold investor), with the same tax advantages, gaining access to some of the hottest markets in the US, with syndicators doing way more data driven due diligence than I ever would as a landlord, then I wanted to shout from the rooftops for other people to hear about MF syndications, like I did.