@Connor ChatlosDenver and Chicago's high property values make multifamily properties ideal for house hacking.

My approach balances both—ensuring that my investments generate income while also appreciating in value over time.

You aren't necessarily building that much equity (cost of building exceeds the value) but it is a third option that is a hybrid.Another factor is location.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

This is a reposting of a previous postI value Matt Scott's commitment to help me in with my success.

My budget is slightly constrained for this first property so looking to save on purchase price and hopefully add value through renovations.

In review.

We're also a linear market and not subject to the wild swings in value.

Once a complete loss mitigation application is received, the servicer must review that application before starting the foreclosure process.""

It's not just about creating beautiful spaces; it's about making every square foot work hard for both the investor and the end-user.Optimizing Space UtilizationThink about how reconfiguring a floor plan can add value.