Because of that investors here in general are focusing on getting more bang for their buck with multi-family properties with higher rent potential.It's a pretty basic explanation, but it seems like we're in a textbook economics supply and demand exercise. 

@amandahanUnless you have a special allocation provision that is supported by substantial economic effect in your agreement, you both will take the cost seg depreciation/deduction allocation per your ownership percentage. 

I would like to get feedback about this timing considering the current economic, health, and political situation.

We continue to see strong economic growth in the area.

As far as development and economic metrics go, Columbus, Oh is as good as it gets in the Midwest.

Economic Update(Monday, January 11, 2021)We all have our New Year’s resolutions.

Gavin Newsom on Wednesday pushed for the rapid distribution of $2.6 billion in federal rent relief headed to California from the latest COVID-19 economic stimulus package.Newsom’s office said the funds will help both low-income Californians and small-scale landlords struggling financially from the pandemic.Read the full news release here: https://caanet.org/gov-newsom-urges-swift-distribution-of-federal-rent-reliefUnlike the stimulus money, if eligible, these funds will be paid directly to the landlord!

Start building up your credit and getting a consistent income to start being loan eligible, if you plan on going to college, learn about accounting, economics, and real estate development.

Also, you will need to determine what factors for a market matter most for you such as economic diversity, population growth, rent to income ratios, etc.. https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-dealBest Wishes!

Hi Steve, we are in the midst of a COVID-19 crisis and as a result, a financial crisis.