It’s a lower risk strategy since you’ll be living in one of the units, and you’ll qualify for low down payment loans.

Investing in a low-crime area.I'm not being facetious. 

I tried to do a cash out or heloc on this house but it couldn't be done because of the price it was low. the house is located in Rockford il, planning to buy in Rockford as well since I live here.

The short version is that you want a strong and diverse job market, low unemployment rates, a growing population, low vacancy rates and new development, affordability/cost of living, real estate laws and court system, good schools, and low crime.Check out the videos from Dave Meyers with BiggerPockets.

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.

The only thing that makes these properties turn key is the fact they are move-in ready for a lower income tenant with low expectations.

Thoughtful upgrades and efficient project management made this a successful venture, highlighting the strength of our partnership and commitment to delivering high-quality results.

But occasionally we have issues and tenants need to be asked to leave or just decide to disappear in the middle of winter and it sucks.The worst part is I find the quality of tenant interested or willing to move this time of year isn't the greatest either - often times there is a reason they have to move right now since most landlords don't like ending leases this time of year.Either lower your rent or just hang in there.

•If jobless claims are low (below 210,000): The labor market remains strong, keeping the Fed in no rush to cut rates.

Low maintenance building, top-end rents for the area due to the extensive work that was done and the location.