Would that appreciate slower than single-family residences?

I wait well over a month before I hear any responses and then every single time they ask me to drop the rent.

Unfortunately, North Jersey is probably one of the hardest BRRRR markets in the country right now because of extremely low inventory, high demand, and pushed up prices because single-family home buyers are buying the properties that we all used to buy to fix up because they are desperate.You can BRRRR, carefully, into many parts of Pennsylvania though but remember that interest rates right now make it very hard to BRRRR.

Purchase price: $502,000 Cash invested: $100,400 Purchased this single family home located about 1.5 miles from Downtown Houston.

@Eugene BrownTo expand your property portfolio, leverage equity or savings, explore multi-unit and single-family properties, and consider the BRRRR Strategy.

It is to your advantage that STRs have existed since before 1998 and were not explicitly cited in the CC&Rs.  

Most have never done a single deal, have no money to close on the property if needed and have no clue how to estimate fair market value or ARV or sell a property.  

You can exchange 1 property into multiple properties in locations and any asset class (farm, office, single family, multifamily). 

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

I'd recommend looking for either single-family homes or multi-family properties with 2-4 units.