They are better at screening and keep out the trouble-makers that don't pay or trash the property.

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.

As for financing, the governments can plan and design, sell bonds against the proceeds to come from the sale of property for condos and apartments, and pay current owners  from that.

I and my spouse are planning on buying a small multifamily and house hack.

Also, contacting neighbors is not standard practive for PMCs, so how much extra are you willing to pay your PMC to do this?

Now I'm 9 years into it and my assets pay for everything.

Even if you pay 10% in interest.

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

Why then do they pay $35,000 to obtain what’s basically a sales position?