It all depends on the market, the presiding regulations in the municipality and the owner's business acumen.

So if you also own the space the value of that real estate is only because of the money you are paying into it.  

Here’s something I’ve noticed lately while running numbers on small multis (2–4 units) across the Triad:
A lot of investors underestimate how strong the rent-to-price ratios still are here compared to other Southeast...

Understand the price points for purchasing, renting, and days on market. 

While you should be able to find an ACV policy with a broker who has access to the excess and surplus markets, replacement cost is not market value.

This depends on each persons situation - but for us we have it spread in multiple different liquidity paths (markets, CD's etc) with some liquid and some illiquid but we also have a LOC that we do not touch and use as a "in case of emergency break glass" type of situation - and if we have to use it then we will liquidate one of our accounts to pay it down.

100%, that is for sure an option that always exists but I am mainly discussing on market/MLS properties but at the same time, with more inventory and slower market, even the off market/verified lists take longer to sell which gives investors that extra time to get this research done correctly. 

Hello @Jessica Flesey,Multi‑family isn’t always the best option for multiple reasons:Shorter tenant stays: Tenants pay rent, not properties.

It's all market dependent, some aren't seeing any change while some (like us in Austin) have been in a declining market for a while.

Terms are great with assuming existing loans that are already paying down $225/mo plus carryback financing at 0%!!!