Our two choices were Appfolio and RentVine.  

I'd love to get one in Southern California, but I have learned that that might not be a good choice with the high cost of properties in Cali. 

I know they are duplexes everywhere, and I know ultimately depends on your choice of city.

From late 2022, we did not do traditional value add multifamily deals because we could not make the numbers work due to the distressed capital markets terms that were available in the market... this is essentially why the market came down so much because buyers like us were not buying.

If you find yourself saying "I am new to real estate", then you do need some time to educate yourself (BiggerPockets is great for that) and plan your first investment carefully before jumping in.Remember, buying a traditional rental is one of many different ways you can enter REI world.

Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.

This enabled them to pay their agent.This approach is particularly crucial when the listing agent is unable or unwilling to negotiate the traditional 4-6% commission with the seller, leaving no commission to share.

What do you guys see out there, and is MF a good choice in this market?

It is right on the muni bus line, and there is no need for a car when you can easily walk a block or two to so many amenities.For some people, co-housing is a lifestyle choice.

It is a personal choice.