First Rental Property - Grand Rapids, MI

[Michael Klaus]

My wife and I are looking to begin our real estate investment journey with first rental property and are looking at the market in which we live, Grand Rapids, Michigan. We are searching for small multi-family homes as our initial investment vehicle with a buy and hold strategy. initial market research shows a slowdown in activity and the realtor we worked with for our family home indicated she sees a current market cooling in the area. Wondering if a holding pattern may be the best course of action at this point through the end of the year and into the winter/off-season.

Thank you!