I have owned several single family homes as rentals in my own name, my first LLC holds mostly 2-4 unit small multifamily properties, while my most recent LLC has all 5+ units.

Investment Info:Single-family residence buy & hold investment.

Hello allI am exploring investing within small multi-family  (4+ units) in Nevada.

I'm involved in too many things, but that's what happens when you have a family and kids to support.

I flipped two my first year and made a great profit $70,000+(2021), I had zero land deals the next year (2022) I had two deals fall thru,  but used my knowledge and resources to get my family into a bigger/newer house ( using subject-to financing), sell my old house and payoff the sub-to mortgage and make $20,000 on top.  

In terms of scaling to three to four multi-family properties, you could really start using the equity that you do have to your advantage. 

You're right that it's getting tougher to find solid cash-flowing properties ($600 or more) in Grand Rapids, but the appreciation potential of a single-family home or duplex in Grand Rapids would be much better than that of a mobile home.

China, Japan & Italy have this problem right now.China is trying to ignore/hide it because their short-sighted 1 child/family policy caused it.

We all know 'housing affordability' is one of the hottest political topics as of late but I'm not seeing any commitments to increase inventory. 

For example if a single family home rents for $1700 in your area.