At the moment we're looking for investment partners to make a few larger projects happen.As far as multifamily goes, I agree with @Keith Miller and @Mercedes Wiebelhaus on the difficulty of finding suitable land.

He's proof that it can work.Interesting comments about fund managers, but you're speaking of a business-oriented approach as opposed to the hands-off approach suitable for most investors based on their limited knowledge.

Mike, IMO, you are not a slumlord by the virtue of owning lower income or valued homes, a 900 sq ft. residence does not make a slum.A slum, my definition, is one that fails to provide suitable housing needs and fails to meet safety and health requirements for occupants.

Hi Jason GroteIf Jon has trouble finding a suitable venue we could probably do it at my place on the new deck we just built.

But if somebody comes to visit or for too long my house it begins to irritate me.

Older building renovated into new upscale apartments and townhouses.Have a visit or talk with a local realtor.

You can put the property under contract with a contingency clause that says closing will be XX days after you find a suitable replacement.

Similarly, if you found a suitable property you could house hack a four-unit property in Boston that cost over $1,400,000 with only ~$60,000 down.

The stricter criteria you have, the easier it is to find a suitable applicant. 

I also know that there have been changes (and could be future ones) that restrict STRs.Here's my dilemma: I see some suitable properties but they need to be MTRs and it's unclear what my occupancy rate might be.