If there are a lot of those properties in a specific area then usually it is because: declining market, something serious about to change in the town or nearby that would devalue to properties, very distressed and not currently performing property, or war zone.In this market, it's usually a combination like war zone and distressed.

The devaluation of the dollar is intentional and neccesary.

Government monetary creation to replace unpaid taxes does slowly devalue everyone else's dollars.

You can either view it as prices rising, or your dollar being devalued each year.

Moreover, selling “as is” means the seller may not be required to produce a Seller’s Disclosure, so consult local laws for the required disclosure requirements.Red FlagsWhen walking through a home sold “as is,” there are some red flags to watch for that will alert you of possible problems that could significantly devalue the property.1.

Your 300k will soon be worth a lot less, considering the fact that the dollar is being devalued as we speak.

I do think the asset class will experience devaluation as buyers price in the economic distress of COVID, but as long as the long term demographic fundamentals remain in place, MFH is setup for success so I wouldn't be fearful of a bear trap.I think an interesting thing to watch is if/how COVID affects any of the demographic trends currently supporting the rise of MFH.

I could see stagnation of some form, for sure.Honestly, if I had to dust up my crystal ball (99c at your local staging company store), and I didn't have to give you any numbers, I would say that A properties will strongly devalue, multi-families overall will plateau and maybe reverse yoy in price appreciation as rates go up and fewer cash flow (perhaps, the nuance is that multi's in areas in transition will bear less of the hit on appreciation), but condos and single-families in and around Boston will continue appreciating, albeit, of course, more slowly.

Manipulation and Devaluation.

Waiting until rates come down means you’ll likely pay more and you don’t get a redo on the purchase price.Of course, a bad deal is a bad deal and rates are killing a lot of them right now but we’re still seeing good ones occasionally even with the higher rates.Rates and costs don't go down, they simply devalue the dollar.