Comparatively to real estate as a whole multi-family investments are even more attractive.  We are able to make money off the monthly rental income, the equity we've increased in the property credit to our value-add model which would be accessible through a sale or refinance,  the equity our tenants build through paying down our mortgage increasing our overall equity even more, and the tax benefits such as depreciation that come along with all this. Along with these we also look at the risk factors. Multi-family has proven resilient in times of inflation as rents are increased accordingly. During downturns Class C assets (Mid grade / work force housing) rarely faces rental rate issues. Demand often increases as your higher end tenants in Class A assets seek more affordable options.