I agree we are facing a nation wide shortage and this will continue to put pressure on pricing but buying over priced existing for appreciation the not only way to go in those markets. 

I feel it's worth it, based on basically zero vacancy rates and very low turn over (we are typically under 15%).I expect the market for high end multi family to reach a saturation point soon, probably putting pressure on high end rents, but there will always be a subset of tenants who prefer the life style of a single family home in a residential area over an appartment building, even if it's really nice. 

I decided against adding pressure on myself.As far a a career, i would say do what makes you happy.  

I want to open a Roth IRA for my daughter and pay her according to her age (5) and abilities (mulching property and washing windows during turnover, stapling and sorting for RE) into the Roth.  

"No, you think you're going to put pressure on me.

I also know all about the record low inventory, coupled with continued demand, and the pressure that has price.  

Cap rates have been trending down and thousands of new apartments are being built right now, which may put downward pressure on rents in the next few years, especially for older buildings.I'm seeing more opportunity in single-family right now in Atlanta.  

So' it's basically a wash!

David Faulkner yes, I considered that and had my own technician go out and look at washer, and she told him specifically that it was not "spinning" but had told me it wasn't "washing the clothes right".As for the dishwasher she's claiming that it's "not drying the dishes".

Water System: Apply air pressure to see if the system holds pressure with all the valves closed.