Long Island will always be a desirable market. 

Others have found markets they like more.

There are beginning to be a fair amount of properties that have been on the market for quite a while.  

I’m thinking rental but market is rough in Florida.

Looking for insight into market conditions and any concerns for purchasing in Seattle.

We understand that NO one can (consistently) sell a $345K sports car for half of market value!

Would you caution new investors away from these types of markets?

My initial analysis suggests a conservative offer in the range of $3.2M to $3.35M could be justified, factoring in current market cap rates and the property's upside potential.I'd appreciate any insights on:1.

Purchase price: $200,000 Cash invested: $24,000 16 unit good bones building bought at an amazing price as an off market deal since it had many downsides but the downsides are just temporary.

I'm particularly passionate about investing in emerging markets across the country.Outside of real estate, I enjoy all outdoor activity, including golf, boating, sailing, fishing, skiing, hiking.Excited to learn and connect with you all!