They base my sfh off comps and I'm sure they would also appraise and find comps for your multi units and if you put $40k in rehab then that is good for you because that will increase the value and some of the other multi units may not be as updated as yours.

I would imagine it's much more difficult to find good contractors, keep things on schedule, etc.

The article above suggests that rents are increasing faster than prices, which would lead to increasing cap rates.

(but I will be sure to increase the rents with the next tenants)   We had 20 applicants within 7 days of posting the property. 

How difficult was it to get the Non-Recourse Loans?  

HELOCs are more difficult to obtain on rentals but it is possible with some banks.

So, even if market rates increase from the 3.5% to 4% range to say 5% to 6% that activity will not immediately translate into the fund's performance.  

Ive seen some blocks in East Point that have increased in value, while others have dropped.

We signed a lease the first year and the lease stated that after a year it could be renewed or you could go month to month with a 10% increase.  

It's been very difficult to get anything accomplished and I would advise against giving them a try.I don't know if they do double closings, but Brokers Escrow has been pretty consistent.