2-4 family inventory, specifically, is up 52%.We are seeing just a 4% annual increase in YOY compared to double-digit increases in recent years. 

For the 10 year period spanning June 2014 through June 2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.3% in that period.A 30-year fixed rate mortgage is sitting around 6.85% interest.

If they are on a lease, you have to honour the terms of the lease until it expires (so usually up to 1 year as most have annual leases).For an FHA load, don't you need to occupy one of the units? 

Thank you for the thoughtful responses.....I will show them the comps, and start with a $150 bump, which is still very under market.Will go to a lease, and note the projected annual increase of $75-100 at next lease renewal period, to get them in line over time. 

She sent me this long formal letter asking me to change her annual lease to month to month because she is seeing roaches in the unit.  

That's like $80,000 monthly or $960,000 annually!!!

The 'what you get' for the money factor is highly applicable from Brookings to Astoria and licensable STR coastal vacation rentals are still regularly attainable at workable terms, Luxury and oceanfront and lakefront properties tend to perform above the 10% of valuation in gross annual income for prime coastal STR's and as an example I've seen a $2.1 Million Oceanfront home produce $300k in gross annual income.

Here are some markets to consider, along with some general advice on how to connect with people in these areas:Promising Markets in TennesseeChattanoogaKnoxvilleMemphisClarksvilleJohnson CityKingsportClevelandCookevilleJacksonFranklinConnecting with Local Investors and ProfessionalsJoin Local Real Estate Investment Groups: Look for local REI meetups or groups on platforms like Meetup.com and BiggerPockets.Attend Real Estate Conferences and Seminars: Events like the Tennessee Apartment Association's annual conference or local real estate expos can be valuable for networking.Contact Local Real Estate Agents and Brokers: Reach out to agents and brokers who specialize in multifamily properties in your target markets.

My current spreadsheets use 10% of gross annual rent for maintenance/repairs and 5% gross annual rent for CapEx. 

I invested in 11 of their projects, each with the same dollar amount as a way to diversify my real estate holdings.  8 of the projects paid off completely with an average annual return around 8.5-9%.