A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

The numbers make sense to purchase a sub $100k property and put it up for Section 8.

Would that make sense to do?

I’ve found in my market it just doesn’t make financial sense to build additional units or rehab existing unused space to build additional units.

He had a little rental in south Phoenix he’d bought years back, and he wanted to roll that equity into a multi-unit building that could yield stronger cash flow.

yes, on paper it makes sense to run by the room because you can technically maximize your rental income but you have to consider the following things:- who has control of the thermostat?

Some were purchased specifically to be MTRs & others were conversions when it made sense.  

In a sense, we feel we will be giving back a bit - so many wonderful owners have helped us in our years of travel.

If you are having trouble sourcing either over a years-long period I agree selling makes the most sense.

Does anyone have information if placing it on a permanent foundation will make sense from a long-term value standpoint?