But I do know our city needs a lot more of the first type.you clearly don't know me, which if I'm being quite honest with you has absolutely nothing to do with me. this is a property that is located in the village of Liverpool NY with a tenant paying beyond market rent, " If he doesn't want it or can't afford it, reward him with 60 days time to find another place, then find a new tenant that can pay what it is worth. " which I did, and he agreed to pay..................as I've stated to you before anything other is simply poor business practice. thank you for your input 

Thats kind of the beauty of thes exchanges.. you get to reposition your capital, ideally in a property that ticks more of the boxes you need.Now, thinking about older buildings.. some folks underestimate how well older properties can hold up if they’re in a good location.

Would split the discussion between new posters asking either very simplistic, repetitive  or location specific questions.  

Los Angeles's own numbers show that ADUs are not being built in high rent locations.

You don't say where you are located so I say start close to home and work from there. 

Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.

Also, from what I’m reading house hacking doesn’t really seem to be scalable since you have to reside in the location?

And location makes a huge difference. in Markets that dont move much in value then door count can be critical but in markets where prices may have 2X to 3X over the last say 15 years door counts are not as critical to net worth .

In the long term I expect Miami to outperform CPI because it is a destination location and coastal land is more constrained than inland (such as Midwest, central, etc).  

I do manage these myself through a small STR management company that I own that manages about a dozen locations.