Broker - off market How did you finance this deal?

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

I've been wanting to expand out of my market in Iowa, and see that the Winter Haven, Lakeland, Haines City areas are similar to purchase points as my market.

Plus, since 2013, the average annual rent growth and appreciation have been 8% and 10% respectively.In further discussions with this couple, they expressed their desire for both strong rental income and the tax benefits of investment real estate—advantages that are only available with properties in our target market segment.Additionally, their desired retirement home features and the characteristics of a good rental property were completely misaligned.

I believe that is safe to say for most markets in the US regarding either SFH or MF.

As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations.

SF is a very unique market, and actually may be a great time to buy right now, especially if they can successfully turn the city around. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

However; the real estate market here hasn't stopped at all, and it's blazing.