The price in a given market is based on numerous factors.  2 of the primary factors are perceived risk and perceived appreciation.  

As an advisor establishing long-term relationships, I mentor many investors across the country on numerous asset classes including MF.  

You can partner with experienced investors, get tax benefits, earn cash flow, and diversify across numerous tenants, properties, and markets.

All the people that got scammed by Morris Invest....Bernie Maydoff.......and numerous others......doesn't mean they got what they deserved and the scammer did nothing wrong.

I did a walkthrough before closing and there was a bunch of junk still in the garage (numerous paint cans - some that were very old, an old microwave, and old door, cut drywall, half a bag of grout, and some other junk). 

Have your realtor run the numbers for you - you'll find quickly that there are numerous options out there which are "net net" cheaper that an owner-occupied condo/townhome/sfr.

So, for me I don't spend a lot of time trying to create numerous quality-levels of each unit type.   

These are all full time rehabbers who have the time to manage numerous projects at once.

Rather its a savings account.I would (and have, numerous times) argued the tax benefits are very often overhyped.

Here's an album of pictures if you are curious:http://archibot.imgur.com/commercial_prospect#N7RxDThanks, Mark