should i invest locally in mfh if moving in 2 years

[Ian Kidd]

hi BP, I'm looking to get into small multifamilies via house hacking with the idea of holding long-term. I have approximately 60k and actually enjoy living in multifamilies more than SFH (maybe because I'm 25?). I currently live in Worcester, MA but likely will be moving in 2 years to a yet to be determined location. Given my timeframe does it make sense to make this investment now or should I wait to invest until I relocate? the Worcester multifamily market is heating up but cash on cash returns are still good. I don't have a specific deal at this time but if I find one should I jump? thanks!!

[Ian Kidd]

@Ann Bellamy thank you for your thoughts! I tend to be of the same thought as you, i would like to have control. especially early on so i can get more familiar with everything that accompanies managing properties. 

I think i will grow my network (Maybe i'll see you at the Black Diamond meet-up this week) and look for properties where the numbers make sense.