Check the location - is it in a desirable area?

I get some low rent today and often it seems in 3-4-5 years the rents work themselves out, but how long does it take for $1000 rent to go to $2000 let's say on a 2bedroom 2bath unit in the less desirable part of town?

The biggest advice I can give you is to figure out your own goals, and be specific, so I want to invest in multi family for cash flow for instance is too broad, is your goal to have an investment or a place you enjoy living, those are often in conflict as most multi family tends not to be in the most desirable parts of towns, are you willing to high cash flow in exchange for alot more effort, risk and limited appreciation, or do you want a more stable property with potentially less or even zero cash flow, if it’s a primary residence, are you going to live there long enough to make it more sense than renting, the breakeven period in a place like Baltimore might be 3-5 years.

The reminder that the majority of failed investments are often due to purchasing in less desirable areas serves as an important lesson.Your words are encouraging and reassuring, noting that mistakes made early in the journey tend to fade in significance over time.

We could take that equity and purchase a more expensive home in an equally desirable neighborhood in our new city and push the leverage.

Single family homes continue to be the most desired investment on Hilton Head Island.

Account Closed Another strategy you could consider is Mid Term Rental on a multi-unit, especially in desirable neighborhoods.

Just a goal, desire and willingness to learn.

Also, desirable amenities (pools, fitness centers, clubhouses) enhance the functionality of a community.

The more motivated someone is, the more pressing their desire to find a solution to their problem themselves.