Quote from @Jonathan Greene: 2 bedroom single-family homes are great rentals because they cost way less to buy and don't rent for much less than a 3-bedroom home.I'll second this.

It'll restrict that cash flow, but unlock a nice option for the family.

What I found to be a solid 3 family in Troy, OH. 

Choose a multifamily or single-family investment approach, consider low cash flow priority, and monitor interest rates and seasonal timing.

But since each studio is just one room and we have kids do you know if they would allow us to evict both tenants to allow enough space for the whole family?

Investment Info:Single-family residence other investment.

.), spending time with my family, and always continuing to better myself whether that be reading books, being outdoors and exercising, networking, and/or sharpening my skills for my trade.I started my real estate journey in 2021 after a software business I was a partner in had a bad partnership breakup that saw me lose everything (financially). 

Median Prices for single families homes in the Chicagoland region went up about 7.4% as of November 2024. 

Do you have a family member or friend who's achieved what you want to achieve?

So after being laid off a few times in the last 8 years I decided to get back into investing but this time focusing on buy and hold multi family real estate so that I could built wealth that could help me retire my wife who just had a long battle with cancer and survived , but is now back to work, and I want to give her a relaxing life free of all the stress of the world (by the way did I mention she is also in the mortgage lending field) so that explains the urgency to retire her from w-2 work !