We didn't buy much from the MLS and if we did, it was either a "handyman special" or it had been on the market 180+ days with a motivated seller willing to take less than market value.This will be the "new normal" going forward and a lot of newer investors will drop out of the acquisition market and just hold what they have.

Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.

Now most of the time we don't see househackers/investors use in-house or portfolio loans from banks because sometimes they have more restrictive guidelines and higher fees for holding it which might cause the numbers not to work or for the deal not to go through entirely. 

@Wesley Sherow would love to learn about your PM-co as I’m looking to buy-and-hold in Capital Region.I’d be curious to hear y’all thoughts on the Amazon/Regeneron hiring impact.

You’re paying big money to target people who explicitly want to hold on to their homes, all in the hope of convincing them to sell.

We have long terms holds in Shasta and Tehama county.

Investment Info:Large multi-family (5+ units) buy & hold investment in West Allis.

Rinse and repeat.

This let's you hold all adults accountable in case of lease defaults. 

True the new owner will have to start his own account, but he should have a built-in revenue stream from repeat guess that will search for that property by address.