The issue seems to be getting people to schedule private showings so we may have to adjust the price and are open to doing if needed. 

So I’m there over 4 years, with almost half at a pay cut, without so much as a cost of living adjustment.

Appraisers then have to expand the area they are looking at and/or make large adjustments off of other properties.I had this issue somewhat recently with a 4 unit property I renovated.

I will be doing exactly as you said to see where I can adjust my acquisition strategy thus far.

I think the main reason MF prices are not coming down is LL's can adjust margins and screening.

The condition of the property is fairly good, however I want to make a few cosmetic adjustments to the exterior;  such as painting the trim and replaying a front screen door, etc to add value to my investment. 

For me, I generally use a baseline of 7-8% for repairs and 8-10% for cap ex and adjust depending on the property.

Remaining vigilant of market conditions can allow you to modify your strategy, and adjust to ensure you can still achieve your overall investment goal even in challenging circumstances!

Remaining vigilant of market conditions can allow you to modify your strategy, and adjust to ensure you can still achieve your overall investment goal even in challenging circumstances!

They are slide adjustable so they always fit perfect and you don't see wear on the holes like a traditional belt.