Hello,    I am currently working through the initial diligence process for making my first multifamily (2-5 units) investment and am currently weighing the pros vs. cons of investing within my local market (MA, NH, or RI) vs. out of state - where there are likely higher growth (Orlando, Tampa, Dallas, Raleigh) or higher cash flow (Cincinnati, Cleveland, Columbus), but for which I would likely need to establish and rely much more heavily on partners in identifying opportunities and for ongoing management.  

Total Income/Month = $2420Minus the $575 once I move in but I will have a roommate who will pay 200 + half the electric so I would subtract $375 from $2420 =  $2045Expense Break down:PITI = $1447.62Tenants pay Electric,Cable, and Internet I pay water which at most is $180/mLawn = $50/mSnow = $100/mGarbage = $50/mElectricity for my room =$50/mTotal cost = 1877.62Income - Expenses = +$167.38/month plus I would live for freeI have an inspector going through the property tomorrow and am heavily considering having the plumbing checked out due to it being an older property and would love advice on this. 

Bottom line - heavily politicized.

Most of the major metros have regulated quite heavily.

That being said, I was surprised to find that taking on another mortgage didn't dramatically affect my credit score despite being heavily leveraged. 

I am heavily relying on my realtor on suggestions and he insisted that this was the best bang for my buck.

At this point, I would rely heavily on the one good book rather than many.Experience would certainly help.

I’ve been to a bunch of Canadian conferences and am currently heavily invested on the island, but we are interested in expanding into the US.  

Depends heavily on the goals of the parents and kids, what the estate of the parents looks like, and the age and life expectancy of the parents.The path forward should weigh the holistic situation and everyone's goals.I'm a proponent of not gifting large amounts of capital directly to children unless the estate is large and gifting is part of the overall estate tax mitigation strategy. 

I would be interested but I'm pretty heavily invested in having all my systems setup as is.