What made you interested in investing in this type of deal?

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

I just haven’t had much experience with underwriting those types of properties, so I’ll definitely need to dig into that more.If you have any advice or resources for underwriting smaller multifamily deals, I’d love to hear about it.

What made you interested in investing in this type of deal?

Ideally, this would be just one step in a larger plan to grow into multiple rental units over time.

And working for a contractor that does flips or rentals would be ideal.

There aren't many "short-term, get rich quick" type investment options in SoCal today. 

Apartments are the least ideal living situation for us, so what if we got stuck in a multifamily property we intended to just be in for a short time.

Hello Rose,What type of property are you renting?

The ideal property would meet the above criteria, AND would have a large yard, or ideally, a detached garage that was a suitable candidate for an ADU construction project (CO now allows ADU construction on most properties), and/or a primary structure that had lots of value-add potential.