Fortunately, real-estate industry is slow and inefficient enough to be timed (unlike stock market), and hence savvy real estate professionals with good understanding of the micro and macro economic factors should be able to predict if it is a good investment to buy properties in EaDo/heights now.Buying in heights/EaDo may not work out for those who bought during 2016-17 sellers market unless they hold those properties for a decade or more.

In my experience that's easier with SFR than with a 4 Fam - most 4F deals I see get bought up by investors with deep pockets, because only with all cash or more than half cash they will still cash flow at current prices.

(say that last one slowly in a deep voice.)

I agree with Jordan about the slow but positive potential growth.HOWEVER....Never talk yourself into making a bad or marginal deal just for the sake of making a deal.

Deep cleaning? 

That is why I want to convert it....more doors per acre.The lot is 140ft wide x 100ft deep.

If so, then the depreciation expense should be making this a tax loss on paper which should be lowering your income tax bill.Rental property ownership is a slow road to wealth.  

But my main goal right now is to grow my portfolio..So every minute that I'm not learning, reading, networking, anylyzing deals, etc... that is just slowing down my growth process.

Should slow down a bit come the holidays, less people want to move so that works both ways (buyer/seller).

I'm also focused on finding an area that will remain a strong market if things slow down in Pittsburgh.