.- Converted to a rental in 2024; initially rented for $4,750/month, but tenants moved out, and the soft Bay Area rental market has made filling it challenging.

And the comps in the area supported a strong ARV, so it just made sense to jump on it!

Congrats on taking initial steps for getting invested in Philly!

I'm looking at MFH $450k and up in the Ohio markets (Dayton, Cleveland and Columbus).Cash:- Higher CoC returns- No risk to being having negative cash flow with a loan (excluding capex)- Buying/negotiating power with speed of transaction - No interest payments- No risk of foreclosureFinanced:- Possible exponential equity growth - Growth of initial investment is leveraged ~4x and most likely beat inflation in a decent area- Mortgage interest tax deductions - Better financial efficiency from more doors- Better diversification across more properties Are there other considerations I'm missing? 

As a new investor, focusing on these can give you a solid foundation to grow your portfolio.I’m primarily focused on the Indianapolis market, where we specialize in new build duplexes that offer strong returns and stable rental income.

Several large developers have built beautiful high end condo feel student apartments super close to campus which initially depressed rents in houses.

My initial investment was directed toward the new Turks & Caicos location, but it's still in the developmental process.

One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

I actually had an initial phone call with the co-host that ended up lasting an hour because he kept giving me tips and local knowledge.

I strongly suggest you talk it over with experts who specialize in Memphis.