Time is an artificial construct, and if we removed artificial light you'd find most people would go to sleep when it got dark and wake up when it got light.

There's still a radical shortage of properties, sky high rents and that's driving very high demand.Education, medicine, biotech, hi tech, defense, finance - there are so many growing industries here that I don't see demand relenting any time in the foreseeable future.

You have lots of options available to, so pick the one that best meets your goals and don't artificially limit your choices.Best of luck.John

Context: Currently looking at acquiring a ~$600k, 12-unit multifamily, and I wonder if I'm artificially setting the "hurdle" too high?

I think supply is finally catching up to demand, and going to affect the artificial market we have had. just today I got an appraisal back that was extremely low. there have been other instances of appraisals coming in low on other properties as well. makes you wonder if its the market, or the banks and appraisers in bed with one another.this will be interesting to watch.

Some dogs also take a medicine that repels fleas. 

@Paul Flynn, You are right, we are due for downside & History always repeat.But as @Matt Groth said, until interest rate climbs, dont expect major pull back.Market is artificially inflated by keeping low interest rate.

This was a major (and beautiful) remodel, and everything in the home was replaced - new A/C unit, new duct work throughout, new irrigation system in the backyard, new artificial turf in the front, new flooring, plumbing fixtures, cabinets, and designer features found throughout!

The more rural the market like lacombe and medicine hat, the CAP rates should increase slightly and provide more cashflow.I would suggest having quite a large reserve fund for repairs right off the bat, depending on the age and condition of the building obviously.

., other medical expenses, and medicine.