Seeing a $100-300 increase on a single unit is common in NJ.  

The loss is for renters, who don't have the freedom to take advantage of EVs the way single family owners can. 

Just be sure the calculate in the interest you are paying on that HELOC into the new project.As for banks, my experience has been that many banks do not like to do HELOCs on rentals unless you have a decent portfolio which they then look at as a business instead of a single rental property.

nearly every single applicant will tell me their pet is either ESA or Service dog.  

Own few condos and single family now looking to expand into multi family 

.- 2024 almost much every possible repair imaginable was needed among the units, so the headaches and costs were compounded - now the properties are buttoned up for the most part and we'll probably show a loss for 2024 taxes.- We don't cash flow at all because we were bullish on the BRRRRs and also did some flip rehabs using some of that equity and pocketed it years ago. 

I suggest starting with a  smaller single family property, and build from there.

It's a flexible approach, suitable for both single-family homes and multi-unit properties, and can be tailored to fit your lifestyle and financial goals.It's important to research local housing laws and market conditions to ensure a successful house hacking venture.

Most people will never own a single investment property.

Try to buy after 1950 and avoid single family conversions.