They are more volatile:  They increase in value percentage wise more than other classes in boom times, and decrease in value more in difficult times than other classes.I have owned four condos, two residential and two commercial, for more than 30 years and have no regrets.

I am buying about 1 a month trying to ramp up to 2 a month.The floor for purchasing is a 9 cap.

Cap rates in our market average around 7%.  

Any duplex underwriting tips you wish you knew early (rent comp, expenses, red flags, etc.)Duplexes are sold mostly off cap rate of what the property is producing as well as what the property can produce.

Tax increases are capped at ownership so they rise slowly.

Its difficult to maintain alignment among "partners" over a long period of time.

Some Credit Unions  - ZERO DOWN but often cap at 2 units max4.

Instead, price caps are primarily handled through state-level anti-price-gouging statutes triggered by declared emergencies.

Since then:Obligations remain largely unpaid.Payments were sporadic and insufficient to cure default.Required financial documentation was not provided.Repayment explanations changed repeatedly over time.Formal escalation has occurred.I have since learned there are multiple other individuals reporting similar patterns.If you have invested with Stuart Fox or related entities including Fox Financials LLC, Midwest Cap LLC, Penn Buyers LLC, Pixel Marketing LLC, BizLeads, or similar, you may wish to connect with other impacted individuals.If you have had a similar experience and would like to connect or compare notes, please reach out.

We have many of our process documentation nearly complete, but not hand off with no guidance complete.BTW I allocate what most would consider too high maintenance/cap ex but I believe is fairly accurate (ask people how they derived their maintenance/cap ex allocation and you will hear some crazy responses from I used the default percent in my rental calculator, I use actuals but have only had rentals some timespan that is far short of large cap ex item lifespans, to I did not allocate anything because I have reserves (how do they project a cash flow?)