Hey Ahmed, welcome to the BP community.Wishing you the best on your real estate journey.Cheers!

But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

Is the Hanover market something that anyone knows much about regarding its future economic growth in relation to the rest of this central PA area.

So, if you are taking 2% of the 5% from the listing commission, it would not come from the agent, the agent has the contract with the seller for the 5%.

Quote from @Karolina Powell: I have a side by side duplex built in the late 1800s and the tenant is constantly complaining about the noise from next door. 

How do we stay in the real estate game while minimizing our risks? 

If you’re an experienced investor or part of a solid network, I’d love to connect and learn from those who have been through the process.Any recommendations or insights would be greatly appreciated!

Effectively no, otherwise everyone would do it and there would be no rent controlled buildings.If the property becomes vacant there are scenarios you can remove it from rent control. 

I have enough down payment and can get a DSCR for the 4 plex, but would not be able to swing the other, even by itself. 

I’d really appreciate any recommendations on strong markets to invest in across the U.S., as well as any advice for a first-time buyer.