Probably the "right" approach would be to talk with encroached-on neighbor, ask about doing a survey moving the boundary to include the encroaching portion, however this would decrease their lot and increase yours.

Working with the apartments requires specialized knowledge.There are books on Amazon that teach apartment investing.You do need specialized knowledge as far as learning how apartments work.Also master lease options on apartments where you lease the apartment on a master lease and then have an option to buy, and while you are leasing you are turning the property around by increasing rents and decreasing expenses.Partnering and syndications are helpful getting started but usually not fair people that don't have some kind of a track record.Seller financing over four units on a commercial property is an idea but you need to find a motivated seller that will carry the contract.I would look at getting licensed as a property manager so that you know property management in your area and then network with commercial brokers to look for motivated sellers are willing to seller finance.

This property absolutely would not cashflow while I live in it but my living expenses would drastically decrease and I'd be building equity at the same time. 

Few properties are underwater, so if someone can't pay their mortgage, they will sell the property in a few weeks, pocket the profit, and rent.Are Prices Decreasing?

Also with the increased supply could property values decrease due to increased inventory.If the estimates are true and there are over 7k estimated illegal rentals do you guys think there might be an exodus of VR investors in the coming years

I have noticed that rentals have decreased a little over the last few months and finding a tenant has been slightly more challenging but the overall rental rates are still far higher than they were just 2-3 years ago due to the substantial price inflation that had been occurring to rental prices over that course of time. 

I would like to then sell for payments once finished and if everything goes well, start bringing in more homes to do the same.I am open to any thoughts on how to decrease vacancy and about selling for payments.

Are property prices increasing/decreasing ??

Is anyone seeing a decrease in their occupancy or their nightly rate outside of seasonal changes or anticipate it within the next 12 months? 

I have found that people want to buy close to home for a decrease in risk.