What is a good market for small (5-50 unit) multifamily investing

[Ryan Hayhurst]

I live and invest in Oklahoma City, but most of the seasoned professionals in the local area that are on BP say that OKC is a notoriously difficult place to find good deals in small MF's. There doesn't seem to be much available supply and a lot of demand so it appears there is very low cash flow per door in small MF vs SF. I am considering doing some BRRR SF deals but I currently want to scale faster than SF can allow so want to stick with a MF strategy for now (always willing to shift in the future if necessary). I will continue to beat the bush and search for deals locally, but I am also willing to invest out of state for better small MF deals.

With that said, what is the best market out there today to investment in small (5-50) multifamily properties for cash flow and long term wealth creation?

[Mike Mocek]

Hey There @Ryan Hayhurst I am a Realtor and PM here in Toledo, I also invest in Akron and Cleveland OH as well as Tampa, FL and I find that the Toledo market is a bit different from all others, not to mention, extremely low purchase prices on fixer uppers as compared to their retail value (Which helps assist with BRRR investors), in this case Toledo is full of promises. The need for quality residential and commercial space has become astonishing in this area, making the right investment in Toledo sometimes not as easy as others with so many different projects to choose from. Whether they are Single-Family homes, Multi-Family homes, mixed use or any other type of property, with such a high demand in Toledo, it rarely stays on the market for a great length of time. I would love to chat more with you to see if you might have any interest!