Trash seems high.

The violations would include 'the personal occupation of a garage as residence' while asserting to police that he didn't live in it, along with the power overloads due to use not in keeping with a garage rental.  

Firstly, never underestimate the power of having low leverage on your property.

With unaffordability at all time highs in the city, these areas are becoming more desirable so we're seeing rents that allow for cash flow at current prices and rates.What's interesting is that multi-family is very much alive in the city, as properties are trading despite no cash flow potential at current rents, property prices, and rates.

Rates are too high.

Quote from @Ben Trageser: Highly recommend Maven Cost Seg!

Many would downsize if not for high mortgage rates, making it crucial to introduce incentives.

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.

On the flip side, the margins aren’t quite as high as with rehab projects.

Whether it’s for startup costs, equipment, or marketing, leveraging your home’s value can help bring your entrepreneurial goals to life.Bottom LineWhether you’re thinking about selling, upgrading, or simply want to understand your options, your home equity is a powerful resource.