Renting offers flexibility and lower upfront costs.

You don't have any large expenses coming as up as it newer and if you invested the money else where you'd get a lower return.The big thing is the fact that if you sell in the next few months, you'd save on capital gains.

. - cap rates for multifamily seem to be in that 5-5.5 range currently as far as I can tell, which has come off a bit since the peak on 2022, but are still lower than other asset classes.

Expanding your portfolio in Indiana could be smart due to lower property prices and possibly higher cash flow.

When I could've lowered coverage and sent it multiple times to a smaller lead group. 2.

I am really appreciating that folks like you are sharing their experiences and train of thoughts, which helps me tremendously to better position ourselves at this market.None of us need to look at more of this other than $1.2m purchase price and 300k renovation with an ARV lower than price + cost, with no experience (other than your own reno which is good) and no real idea what you are doing.

Typically, higher vacancies lead to lower rents, but today’s reality is different.Inflation plays a role — while the consumer price index has surged over 20% since 2019, office rents have not kept pace in real terms.

While Pittsburgh offers lower entry prices and a more stable rental market, the appreciation potential doesn’t quite match that of Mesa or Gilbert, making it a more cash flow-oriented market rather than one driven by property appreciation.Why Mesa or Gilbert Might Be the Better BetBecause of leverage, that roughly $100K difference in appreciation is HUGE because I've had investors just putting 5% into the deal (so a 5x higher roi). 

I used to work in the area, not personally investing there, but I have helped handfuls of investors secure financing in Dutchess and Ulster counties, I do know it’s seeing some heightened interest from investors due to its proximity to the ever-expanding NYC and relatively lower property prices compared to alternative areas.

Then when property sells, you are subject to long-term capital gains, which is generally lower than the standard UBIT tax rates under the estate and trust tax schedule.