But a few key reminders can protect investors, says Patrick Toomey of Faris Lee Investments in this EXCLUSIVE interview.

Cap rates for suburban multifamily properties sank from 6.1% in the first three quarters of 2016 to 5.2% in 2017, according to KIG.

“We have had stellar year. We have bought over 8,600 units for a total of $1.2 billion.”