Don't drink the Kool-Aid!

OrtizPerhaps from a pure investment (no hacking) it’s not worth it in that area of town.

Our MFH properties in NYC generate fairly good cash flow and over the past 5 years have appreciated *significantly* (75-100%) - but that's a function of the time and the neighborhood.By comparison, our MFH properties in the suburbs outside Raleigh, NC are not likely to ever appreciate in any meaningful way, so it's purely about cashflow (which is also pretty good...)Long-winded way of saying it's not a just comparison to make until you're at the point of comparing specific markets to each other.

Drink beer, talk real estate, and have a good time.

and your request is (based on a purely personal situation) for the owner to take a loss. 

This is of course purely speculative but was wondering what your thoughts are on this?

Frugality is one of my husbands core values; if he is thirsty and on the road, two hours from home, he won't stop at convenience store and get a drink, he'll just wait until he gets home.

Without appreciation it's purely a cash-flow property.

If I was purely investing, I would consider those areas too.

Honestly, the strategy in my opinion is still pure speculation and bets on the fact that home prices will keep rising.