Start small by buying a duplex or single-family home with minimal renovation and in good rental areas.

My investment partners and I have made considerable investments in Mount Airy over  the past few years, worked with a number of brokers on acquisitions and can honestly say not a single one has been able to effectively articulate our neighborhood investment thesis which tells you how challenging the neighborhood is. 

Are you wanting to buy your first single family rental, or are you trying to dive in and buy a 20 unit apartment?  

Iwhen underwriting we also want to know the exit strategy of the borrower to make sure they are not limiting themselves to a single exitExcellent!

I have property in Kansas and Massachusetts and have a Kansas realtor’s license.I’ve always been into single-families but now considering small multi-family.

On the other hand, if you’re looking for flexibility or control, or you prioritize high resale value, it’s worth exploring alternatives like small multifamily properties or single-family homes in areas with broader market appeal.Coming here to see if anyone has suggestions or experience to share is a great first step!

Quote from @Roy Lam: They only qualified for two bedrooms voucher, but i have a three bedrooms  singles house. 

Investment Info:
SFR Buy & Hold Investment in Clearwater, FL.

Purchase price: $430,000

Cash invested: $85,000

I bought the property partially renovated on the interior, then proceeded to do upd...

Over the recent years I converted it into a single-family home.

We're working on figuring out the local regulations for ADUs here which are a bit more confusing as it's already a duplex and not just a single family.