This drawdown will likely cause a deflationary effect and bring larger home values down over the next decade providing some buying opportunities for the high end market.If you study unfunded pension liabilities, corporate, and consumer debt, you'll quickly see that the economy has been spending it's future and is about to pay the price; a few say that we'll likely see a deleveraging economy.

The strong economy is obviously fantastic, but the damage to our wetlands and the flooding acceleration due to development has been tremendous.

We found that unless you are managing at least 2,000-3,000 doors, there are not enough economies of scale in place to do things really well.  

As market and economies change, so do wages, costs of goods, maybe even TARIFFS, and so forth.

@Lance Conyers I have no experience in this but I remember listening to someone on a BP podcast who said they did something like this and then the economy tanked and they took a bath because they had such a small buyer/tenant pool for 55+ manufactured home communities.

Pharmacists are going to be in demand no matter what the economy does.

Basically 1) the city's economy revolves around Ft Bragg and the military, attache, and civilians working there. 2) There are good opportunities for rental income, provided you recruit a good RE agent who knows the city's neighborhoods well enough to steer you in the right direction 3) Don't count on RE appreciation, if anything older properties tend to depreciate.

I don't regret making all the repairs, but I think the downside is that if you are going to do all those things and not add square footage, you don't have the economies of scale to make up the ending sales price.

I don't regret making all the repairs, but I think the downside is that if you are going to do all those things you don't have economies of scale in footage to help up the sales price.

Our goal is to acquire one multifamily (duplex-fourplex) in our Vancouver, WA metro area within the next 7 months (moving in by the end of August 2020) that will generate at least ($1,200 per unit ie $4,800 if fourplex) of average annual income over the future years.Hi @Aaron Nelson - My significant other & I are both excited as well as interested in multifamily due to the economy of scale combined with lowered damages a single vacancy does in multifamily along with wealth generation.How to PurchaseWe have thought how we'd afford purchasing a multifamily - so far that we'd save up for it.