I decided to run IRR (Internal Rate of Return) calculations for the SFR (single-family residence) investing in order compare with the IRR targets I see proposed by syndication operators.

I have excellent credit, $100k in savings, the lot value to use as collateral and about $500k equity in my primary residence. 

Chandler doesn't have much inventory in the way of 2-4-plexes as that area is a suburb of Phoenix and is almost exclusively single family residences,with apartment complexes sprinkled throughout the area.

My name is Cam, and I discovered BiggerPockets on Spotify.I bought my first multi-family property about a year ago.

Is there a full-sized gym nearby that would be willing to waive their start-up fees for your residents in exchange for a referral from you?  

You can have "good" residents and market rent...no need to settle for one or the other. 

The city is projected to add over 1 million new residents by 2040, with a significant portion of this growth occurring in the next five years.

Investment Info:Single-family residence wholesale investment.

Currently, I own a single-family home that serves as my primary residence.

Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.