Didn't care for it, and our bookings actually declined.

While their cap rate is declining since Fed hiking rate.In my Single Family, even my primary could generate 1.10x DSCR ; my cash flow property is well above 1.6x by average.I have been wondering those guys in Multifamily (LP), seriously how do they make money in this environment when their conservative UW is only giving 1.2x DSCR, it was way too low, too much risk.( if folks want to understand what we are talk about just read the financial operation offering) .... i always confuse on this aspect hence i raise my other thread about the better investment of active single family

We remain in a seller’s market.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents declined slightly MoM, conforming to seasonal trends.

markets don't go up or down evenly...even if you are right about those declines (big if) "across the board" your area may gain or retain value significantly better than the next etc. 

Rent prices will most likely take a small decline, mainly because of oversupply, but your building should be fine and running great.

A more nuanced approach could involve proposing a declining penalty structure, offering both parties security and flexibility.

If investors would jump on board and provide their information, a judge can decline it.

Declining an investment that will double your money from 1milion to 2 million in 10 years because it doesn't currently make money is a poor investment decision.

If you have this knowledge, you're more likely to acquire something that will appreciate over time vs. stay flat/ decline in value.Easier to work with contractors. 

All aspects considered, San Leandro stands as a monumental opportunity in Bay Area real estate investment.The Bottom Line: Some markets in the Bay Area may see large declines in value over the next few years due to a multitude of variables.