This can certainly happen from raising rents and adding profit centers to the property like storage units, but it is unlikely to keep pace with the 5% to 6% long-term average level of nominal appreciation for single-family properties.Further - Multifamily properties over 4 units require commercial financing, which is less attractive.

I would like to share the information here, and hopefully someone can learn something new or points to a right direction to answer your specific needs.Below is what I learned today: (**Disclaimer** Please use this as a guide only since I am not a professional CPA or expert in NYC tax codes.

I was listening to Podcast 245 this morning with Ryan Holiday and at some point in the podcast, there was a discussion about how everyone who invested in 08 and 09 looks like a genius today.

I mean, a year goes fast...it will be time to go back before you know it! 

We just had our first child and find the road to be too fast and the house to be a little too small.Essentially we are into the house for 405k and I believe it could fetch that if we we’re lucky.

They look at your cash offer with 10 day close and panic, because it's too fast for them.

Tenant paid for the entire month, told me yesterday they were moving out today so that’s 18 day notice.

I now have someone else ready to give me a check and sign lease today. 

I am meeting the owner today.

You are right, I have started the seeing the price adjustments mostly high rise condos especially if they are dated , they are not moving as fast they the sellers expected.