I'll rehab and brrrr if it makes sense but I'll either stabilize my real estate company a bit or move on something if a killer deal crosses my desk. always looking for small multi's on clevelands east side. 

It's hard to make the numbers work on a DSCR loan these days although we do have clients who do it - especially in the multi-family space.

I'm most interested in Single-Family or Multi-Family Homes with the intention of having Mid or Long-Term rentals (although I am not opposed to Short-Term either).

Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing). 

This includes credit, criminal, and rental history checks for all parties.

As a result, mid term rentals can do exceptional here and there are quality multi family units in the $250k/door range. 

I currently have SFH and multi-family long term rentals and I partnered on a short-term rental.

I am 24 y/o and live in Fairfield County, CT looking to buy my first property...likely house hacking a multi-family.

Vitaliy provided some great points about the pros and cons of single family verse multi-unit investing.

Multi family isn’t as common as you’d find in other parts of the United States, but there are some good properties here to be had!