I'm Looking for Owner Occupied Home as Investment Opportunities

[Garrick S.]

Hi, all.

I have been trying to buy into this crazy market for the last 3 months with mostly disheartening failures. I first tried to find multi-family properties in the metro area with house hacking potential, but the cash flow is always negative. My next strategy was look for cheap condos that I could live in for the next few years and potentially rent for a profit once I moved, but the bidding wars are taking the sales prices to levels where renting wouldn't be profitable anytime soon. Are there any other owner-occupied opportunities that are available in this market, or should I give up on the idea, continue renting, and invest elsewhere until the market settles down?