I'm personally looking at the 2-4 space right now as I think there should be good opportunity there to make the numbers work in high-value markets I saw a couple of influencers that made a pretty good case for 2- 4plex thats why I was torn.

Buying subject to existing mortgage (AKA "sub2") - Find a motivated seller with a mortgage.

While the process may seem transactional, it's important to note that lenders are motivated to close loans efficiently, as they are compensated based on successful outcomes.To gain insights into lenders' performance, consider checking reviews or seeking recommendations from credible sources like the BiggerPockets preferred lender page.Accountability in lending is indeed a two-way street.

Thank you in advance. ( Also I'm in the middle of BRRR book so I'm feeling motivated ) 

Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.

Their friends/family/associates/colleagues see them making money through lending and will be motivated.

That will influence your how much you get in funds for buying the land and for construction, as well as how much you need to put down for closing costs.If you don't have the experience you could partner up with someone with experience whose also got cash to help you with this deal.

Your post didn't sound like it came from a landlord with 25 years of experience, so I was pointing to the basics hoping it would motivate you to do some research.A quick Google search revealed numerous NJ banks that offer the convenience of opening accounts online.

No one wants to rent with people they don't know, in my town groups will set out to find houses, not singles.Then as I tell the kids when they complain "Its much more motivating to come home to a house full of angry roommates than it is for me to call you a few times"Continuing: If someone leaves I put the students in charge of finding their new roommate, I don't want that responsibility.

Finding new tenants during the colder months can be challenging, and we aim to avoid any prolonged vacancy periods.Enhanced Flexibility for Tenant Management: Another factor influencing our decision is the greater flexibility it offers our property manager, ****, to effectively manage and find tenants during the summer months.