Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Good potential for appreciation/rent growth upside as well in the next 5-10 years in my opinion with the market still being one of the most affordable in the country.

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

It has been on the rental market for about 55 days and the average in the area is supposedly 36.

You can achieve or even exceed your current cash flow in markets that are more landlord-friendly than Boston.

A construction-to-perm loan could work if you plan to hold the multifamily long-term, and depending on your market, there may be incentives for multifamily development.

There's a reason that people try to buy properties off-market and that is because you can find sellers who care more about terms than maximizing returns.So start with a conversation: you already presumably have some rapport since it's your landlord and you've spoken before.

Purchase price: $73,000 Cash invested: $25,000 Current market rent $1295 vs $1300 for Section 8.

I was wondering if anyone had ideas on how I might be able to attract more tenants who are okay with having this type of policy as I know it might be a bit of a niche market, but I'd love to hear any suggestions.

Since then, we've analyzed at least 75 deals across multiple markets, developed our buy box, and choose a strategy that aligns with our goals.