I purchased my first buy and hold SF rental property last year and turned the property into a student rental as it was very close to a local College.

More doors means less vacancies and it might motivate you to save up and buy a new SFR when you are ready to settle down.

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

We purchased this buy and hold historic duplex which faces William Land Park in Sacramento.

Here's why:Deep Discount Buying OpportunitiesAfter a period of aggressive rate hikes, many real estate assets are trading 20-30% below peak prices seen in 2021-2022.

So why would we buy the cash flow at a rate of 6%?

If you sell for a net sales price of $1 mil and buy for a net purchase price of $700K you will owe tax on the difference of $300K.BP may have a capital gains calculator you can use.  

I have better luck with posting in the zillow rental section;   rent before you buy, live in a great property while you get yourself ready to finance a great home....Our business model;   protect the buyer or tenant at even our own expense. 

I was talking to a RE friend.He said it's a bad time to buy* rates are high* homes are expensive in most marketsLooking to hear some counterpoints. 

Buying now means investing in a market that appreciates at a steady, reliable pace.