I'm a buy and hold investor.

But I am not trying to sell the note, I will continue to hold it, and in the worst-case scenario, the borrower will become current, or in the best-case scenario I will foreclose and gain equity.

"I actually think renting a place will get me started"If you are talking about being a tenant yourself and operating a airbnb in your rental apartment don't hold your breath.

@Carini Rochester I agree with Greg but to be clear Good Cause does not require a landlord to provide free housing, it just forces them go through the onerous and expensive and lengthy process of actually going for non payment eviction instead of a hold over proceeding, when the landlord knows that a monetary judgement is worthless and just wants possession of their rental unit back so they can fix it back up and rent it again hopefully to a great tenant.Also the problem with all this is that from 2019 to now, landlords have gotten used to having economically or physically vacant units and have priced that risk in. 

In both cases, you are left holding the proverbial bag.

If not, then a reverse exchange for us to simply hold the property for up to 180 days is possible.  

Just one question, I would be able to do a cash out refi even if I don't put any work into the home if I decide to buy and hold?

I’m particularly interested in learning about areas within the city that hold promise for such investments.

It’s either not a favorable market for real estate investment focused on cash flow, or perhaps my limited familiarity with the local multifamily market is holding me back. 

"TaxMaster 2023"   :) We have supply chain issues in our country, not he least of which is a shortage of truck drivers.Flipping through tiktok (hold your laughter until the end, please), guess what I saw on tiktok "live," with THOUSANDS of viewers?