This simple update has big implications for property owners, allowing small repairs and maintenance to be handled more quickly and affordably.

While we currently live in Stephens City, VA, we’re open to investing in other states where the numbers make sense.Real Estate Goals & StrategyInvestment Focus: Buy-and-hold rentals, short-term rentals, and potential multifamily propertiesMarkets of Interest: Open to investing outside of Virginia in cash-flowing, landlord-friendly marketsCurrent Stage: Learning, networking, and preparing for our first investment propertyLong-Term Vision: Build a diversified rental portfolio that provides financial freedom and generational wealthWhy I’m HereNetworking: Connecting with experienced investors, agents, lenders, and property managersLearning: Gaining insights from those who’ve built successful portfoliosCollaborating: Open to partnerships, joint ventures, and creative financing strategiesWith my sales background, I understand the importance of negotiation, deal-making, and relationship-building—all of which I plan to leverage in real estate.

I use the property myself, but if I couldn't afford to keep the place vacant all year long I'd have been in trouble. 

With over 30 years of experience in Commercial Real Estate, I specialize in the sales and dispositions of investment properties across Los Angeles and the U.S.  

Quote from @Michael Goddard: I know the area and have already looked at this property.

My understanding is that you can sell assets and defer capital gaines taxes in an opportunity zone until the property is sold.

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.

I've found that the best areas for the investors I have worked with on BRRRR properties are areas like Center Point, Fultondale, Gardendale, and Pinson areas.These areas are solid and aren't in warzones like Fairfield or Tarrant but will also produce you cash flow and equity unlike cities like Hoover or Vestavia.

The goal is to mitigate the risk as much as possible with finding a good location and solid property.

The best way to learn the multifamily market is to purchase a multifamily property.