It shows clients you want to create a great home environment and that you're using quality products.

The overall environment is very much like BP, every single person seems to want to help to the best of their ability.

That's not saying you can't thrive in this situation, but would you really want to live AND invest in that kind of environment?

I am actually looking to move closer to downtown or the domain because I like the environment.. so short term rental could be out of the plan then.

Eliminating the variable of local market conditions, what is the overall underappreciated opportunity in today's investing environment? 

We're in Portland, Oregon and very few cases can you hit the 1% "rule", and if you do you have to be creative.I wanted to share a win today that has been in the making for the past 10 months because I think it is a good example of what a low cap environment looks like and what a solid base hit looks like for those that want to invest in small multifamily deals.Here are the details on the property:9-units in an up-and-coming neighborhood Purchase price: $1,550,000Cap rate: 4.5%Average rent was ~$995 and Owner was paying for garbage and water/sewerWhen we took over we immediately had a couple units turn over, which was great because we wanted to get in there to do some upgrades (we do a lot on the sustainability side that include reducing hazardous building materials, energy efficiency upgrades, bike storage, decreasing utility consumption, etc).

Some would say this is a result of increased regulations, others would say it's due to the macro economic environment.

Very desirable area, fantastic weather and great environment. 

In my friend's example previously cited (a professional Investor for more than 30 years and until recently, liquid multimillionaire), it was too much cash buried in too many deals (though they cash flowed) combined with a rapidly changing lending environment making it virtually impossible to refinance and cost overruns on improvements depleting available reserves that finally woke him up to the requisite balance required between cash flow, liquid reserves and the carrot of appreciation.

Its Green to use Bamboo, because it has low impact on the environment.