Fortunately, we don't have a financial crisis, and it appears that home prices are stabilizing, though well off of their 2021-22 highs.I think this is healthy. 

The property has walking access to local parks with playground as well as nature walks.

However, it does appear that a cap limit is coming down the pipeline in 2023 or 2024 so waiting too long may work against you.Now, regarding oversaturation.

Your Natural Hazards Disclosure should have some of this but it is tricky.I think if the equity is there and you can move the money to a better producing asset, I think I would sell.

As far as cost, check the natural gas vs electric charges in your area. 

The building currently uses natural gas for heating and hot water.

Short answer:  it is baked into the business model.Long answer:It seems you may be overly concerned on the transitory nature of apartment renters versus single family renters. 

Just looking for some feedback on the deal given the current nature of the market.

It appears agents are throwing investors in the same bucket as wholesalers and they’re missing out on a lot of opportunity.

I have the county assessor wanting a Certification of trust form filled out due to one of my properties being titled in the name of my trust. in order to avoid reassessment.I’m wondering if I really need an attorney To prepare this for me, since it appears to be such a simple form to fill out, and avoid an attorney fee.