Pittsburgh - In general

[Ryan G.]

I am looking for any advice regarding investment in Pittsburgh.  I am coming from the ground-up multifamily development world and I am struggling to understand how smaller properties are seen by investors.

Where do you invest in Pittsburgh?  

What strategy do you use? 

What analysis is required for you to get to 'go' for an opportunity? I know where deals 'go off' in CRE multifamily development and acquisition. Things seem different with SFH and small multi.

Most of the rental deals I look at either have negative cashflow or barely positive cashflow.  That would not fly in multifamily unless there was a reasonable expectation of fixing the issue quickly.  Is that where deals go off?

Most of the flips I look at are razor thin on margins based on estimates.  I would love to do a lot of flips, but for my first one, I am looking for more meat on the bone to absorb any mistakes that I make.