Sorry for taking so long, but I've been having my own growing pains.One of the things we're not really looking closely at is the hyperlocality of Pittsburgh, a fundamental understanding of the unusual nature of this place and how, through insularity and other factors, it tends to punish long-distance investors.

Feel free to DM and we can see if you’d be a good fit the market I work and if not, at least I can give you a few pointers as far as STR fundamentals and a couple resources for cost segregation.

So, I believe some of the fundamentals of larger multifamily (increasing NOI via increasing revenues or decreasing expenses) are beneficial to smaller multifamily although the ultimate value is not determine by NOI, but by comps. 

Historically, the standard fundamental was that your going-in cap rate should be higher than LONG TERM, FIXED rate interest.  

You will go so much further if you get your fundamentals nailed!

It seems that some of the comments on this thread miss the fundamentals of Tangible Property Regulations.

I believe you will consistently see amongst those who respond lower eviction rates by investors who focus on the underlying fundamentals of real estate and acquire their properties in A & B neighborhoods.

The details can be many, but all stands upon this fundamental basis. 

This marks Bascom’s sixth acquisition in 2024, further solidifying its strategy of investing in high-demand markets.Despite a challenging market with high interest rates, Bakersfield’s strong multifamily fundamentals, including population growth and limited housing supply, have made it a prime investment location.

Make sure your first property has strong fundamentals—good location, cash flow, and potential for appreciation.