It became a social hub for BBQs and gatherings.In terms of resale, a well-designed patio can definitely add appeal for potential buyers or investors looking at multi-family properties.

Begin by assessing the area's overall appeal, including factors like crime rates, school quality, and amenities.

Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price. 

Trappe's growing market further enhanced its appeal.

Renters, ESPECIALLY those who know they are only looking to rent for a finite period are generally focused on function over aesthetics.

Atlanta's thriving real estate market further enhanced its appeal.

Duquesne's growing market further enhanced its appeal.

Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.

Modesto's growing market further enhanced its appeal.

As I hope to use the unit a bit myself, I also want to take into consideration the kind of community I'd like to use (which, conveniently, is also about to be primary parent demographic so I'm hopeful other millennials will be looking for similar things)FWIW, I'm happy to do reno on an individual unit, but was kinda underwhelmed by the community as a whole.I liked Champions Gate, but at my price point, I can't buy much that's appealing there.