So noobs often fall into the trap of looking at just lower and lower priced neighborhoods in an effort to make the numers work.And the Rehab-R is deceptivly easy to say, but takes 3-6 months and a lot of time from the investor to design, source materials, handle paperwork and supervise the project. 

Over the many years, I've seen these things destroy a lot of people.IMO for a short time they provide happy days, but inside them is the shark that will "come a callin' ".As a very conservative investor, these are not on my Swiss Army Knife, but I recognize the Risk/Reward situations they are used for.

Whether you're a beginner looking to break into the world of real estate investing or a seasoned professional seeking to expand your portfolio, this guide will equip you with the knowledge and insights necessary to make informed decisions and achieve success in the dynamic and rewarding realm of real estate.Understanding the BRRRR Strategy:Buy: Discover the essential skills and knowledge needed to successfully identify the right properties for the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy.

Search the BP for ADU appraisals to encounter numerous examples.

Obviously being in CA, the rewards are lower cost of entry, more LL friendly jurisdiction.As for "multifamily", what size properties are you thinking?  

Personally, this could not be worse news for my buyer/investor focused growing business, however my role is not going away anytime soon..For example, there have been numerous instances where the amount of price negotiation exceeded my compensation or transactions that without my (or a professionals) participation would likely not be as efficient, feasible or successful.

In fact, we stayed over a friend's home during our numerous research trips there.

I'll echo that most of these Midwest markets that skew toward lower purchase prices are similar.Areas can be hit-or-miss and you need to really understand the risks and potential rewards before making the plunge.

She is not a full-time employee, however, with numerous turnovers a year, she earns about $5,000.

Same amount of work, same risk, 80% more reward.