Both options have great potential, but here’s a quick breakdown:Garage Conversion: At $1,400/month in rent, you’d see a strong return on your $20K investment, with cash flow starting immediately.

. $700/month (about 35% below market, which is closer to $1,000-$1,200) or approximately $6300 per month.Multifamily Property is Currently vacant, but there’s a signed letter of intent from a state housing agency to lease the property on a 5-year NNN lease at $3,000/month.This property has stable cash flow now, with a strong potential for upside by adjusting the mobile home rents to market rate.

To me it really depends on how strong the market is at the time.

The property’s potential for strong appreciation and steady rental income made it an attractive addition to my portfolio.

If you’re short on experience or financials, bringing in a sponsor with a strong balance sheet and track record can make all the difference.

I have identified an 8-plex that I am strongly considering purchasing. 

I'm looking to get into the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy but want to build a strong team and could use some guidance.

Please note though this is an asset on your estate and if you have debts those also need to be resolved/paid which could complicate things - thus why I strongly recommend an estate planning attorney and a real estate attorney.

To get strong suburban core with a good B to A location typical is 2 million and up in price.

Its flexibility as a high-yield short-term rental and potential long-term rental ensures strong returns.