You may be able to get into a reasonably priced house hack in these markets and benefit from some nice appreciation.

Make sure the ARV, rental rates, taxes, etc are what they are claimed to be.   

If you're new to real estate investing and looking to get the best value, I'd suggest considering **house hacking** using an **FHA loan**—it can be a great option for first-time buyers.

Quote from @Kristin Vegas: Hi bp. is it possible to do a HELOC on a house I purchased 6 months ago?

The amount of capital required depends on the city's appreciation rate.

During this journey, I discovered the world of house flipping and real estate investing in the U.S.

House hacking is financially a no-brainer and no city in the US (including Chicago) has more duplexes than Milwaukee.

Getting blinds for house 1 pick up blinds for house 2 /3 while you there.3.

hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.

Don't let the idea of a low interest rate trap you from upgrading to size/scale.