My tenant is complaining that it's driving unnecessary attention from the neighborhood to his home and wants us to move it.

Pick an area that is within a 2 hour drive or a 3 hour nonstop plane flight.Get in that market and really learn it neighborhood by neighborhood block by block.Local market knowledge is every investor’s competitive advantage.I do MF deals in Greenville SC where I live and already own 400 doors.

Relationships often lead to off-market deals and valuable partnerships.Consider targeting up-and-coming neighborhoods or distressed properties in areas seeing new development or infrastructure improvements.If you’re exploring commercial, maybe start with small multifamily units (like duplexes or fourplexes) before diving into larger complexes.I’d love to connect and possibly collaborate.

Still, it makes sense because oftentimes some of the rents have never been raised for years, and those NW side neighborhoods have increased rent dramatically! 

I'm looking for a team, an agent that with knowledge both on/off market deals/neighborhoods insight.....good GC, efficient and can accommodate multiple jobs and property manager with that is experience in section 8 housing.Appreciate hearing from you. 

The other thing to consider is the age and if you add a second floor will the entire structure need to be brought up to code for hurricane and wind.I live in a neighborhood where the homes are older (not in florida) and the foundations are hollow core CMU and adding a second floor would not be feasible due to soil bearing.

@Ramada EvansBefore putting in any offers, I would make sure you know what the going rate is for a 12-month lease in your neighborhood, for a similar property (in its current condition and if you updated it).

The neighborhoods around there are prime for your strategy.Would love to get you connected to some people that are doing this strategy in Indianapolis.

I don’t know the neighborhoods or market in Jacksonville but @Jay Hinrichs might.

Look for properties in up-and-coming neighborhoods where rent growth is catching up to home prices.Feel free to reach out if you have any specific questions or if I can help you navigate the markets in Mooresville or Greenville.