Then watch the YouTube video by BiggerPockets own Dave Meyer where he gives specific data to show which markets are best for investing right now.Today's prices and mortgage rates make it tough, but there are still opportunities out there if you put in the work. 

Empirical data generally support these expectations, with self-storage, residential properties, and shopping centers having a success ratio from the mid-70% to the low-80% range in high-inflation semesters, higher than the industry average (71%)." 

I am currently evaluating a deal but I only have experience in valuing and owning apartment buildings. 

All other data is the same, as far as building condition, area/neighborhood etc. 

The sales data is not public information, so you need to work through a REALTOR.

We re-looked at the numbers and with the data point of them listing and being unable to sell, we were nervous and offered $50k lower than our original price, and they ended up taking it. 

To answer question 2, I am attempting to keep away from speculating increases in value on the New York properties, because I do think we would be purchasing on the top side of this market currently.

Depreciation is an expense that investors get to count against their income because real estate assets decrease in value over time from wear and tear.

Too many people dont understand that there is destructive debt-debt on assets that depreciate in value such as car payments and typical overspending of plastic; And constructive debt-debt which enables one to borrow at one rate and use those funds to acquire assets that appreciate in value and return a much higher rate-such as real estate. 

My takeaways:Demand and supply both grew YoY, but supply outpaced demand by about 5 points.Due to inflation, ADRs were up about 5%, essentially keeping overall revenue flat.Some data is pointing towards stronger demand for nearby, hunker down with the family during flu season types of destinations versus out and about beach vacations (when compared to prior year) as winter settles in.Growth for future bookings is still positive, but slowing