We have also leased vacant units and turned over some of the most challenging tenants and begun implementing our unit quality standards.

Furthermore, the types of multifamily syndications we invest in, as well as offer to our investors, are value add, meaning that our syndicators acquire assets (generally off market) at an attractive valuation, renovate the units & common areas, implement well-reputed property managers, and increase rents to market rates, thereby increasing the properties' valuation on exit. 3.Inflation creates further increased costs for construction materials, making newly constructed homes & commercial properties even less affordable (and in less supply) and existing assets more valuable.

@John Carbone: On your taxes, you'll be able to classify it as second/vacation or investment, regardless of the mortgage docs. 

You want a smoke/carbon monoxide detector there. 

Huge value add by implementing these technologies. 

Hi Everyone,I am looking into implementing a rent-by-the-room strategy in Pittsburgh. 

My concern is if these get implemented again and also economic or national outlook with everything that is going on.

And a few Bucks Donated every now and then to an Animal Shelter might ease your thoughts a bit, because they do need help and cannot really fend for themselves.Kind of like owning a 747 and planting trees for Carbon Credits--an Offset for your mind.Good Luck!

@John Carbone Also keep in mind that real estate prices are sticky.

When I've looked at places in Carbon County, I don't factor in any/much appreciation when calculating returns.