Best Markets for 6 Unit and up Multi- Family?

[N'Dambi Adonis]

Hey Guys

I'm new to real estate investing. Never done one deal but I'm graduating college soon, I'm 27. I want to purchase my first investment property under my LLC but I'm not fully aware of the best markets for 6 units and up. I understand that 6 units go into the commercial property lane. My long-term goal is to build wealth over time through cash flow, im not really interested in the appreciation aspect just yet. I plan to do the stacking method starting with 6 units and I'm willing to go start with a 4unit but nothing under that. What are the best markets for this strategy? I'd love to hear from people who started out with multi-family units of this size and scaled upward successfully.

[Taylor L.]

There are quite a few. More important is that you understand what makes a market good. Long term growth in jobs, population, and rents. Stable or falling market vacancy. Diverse economy. Preferable landlord-tenant laws.

IMO it's more important that you do the search yourself so you can understand what makes your chosen market unique. Anyone can tell you a particular market is good, but until you do the work to understand why, you'll never know for sure if they're right or not.