I've visited out there and thought it was a great little area (besides the train...) with a lot of potential.  

Our rent-by-the room residents appreciate a lockable bedroom door, a private bathroom, sufficient on-site parking, a large refrigerator and a large washer and dryer (in order of most to least important).

If you want to explore MF or any other asset class, the best course is to go to some training courses and get a coach or mentor. 

Education via trail & error is easily the #1 worst way to go about anything today UNLESS your an explorer, inventor, revolutionizing and still all of those have a whole lot of training and education backing them. 

House-hacking by room is a topic that pops up when we're late in the real estate cycle; in tier 1 areas multifamilies available are scarce or priced unreasonably so one is 'forced' to rent rooms instead of multifamilies.Things to consider:1) Exit strategy - are you forced to live on site and manage it? 

While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.

My opinion is that these Class C properties are better for locals who are on site and can check on the properties and do some of their own repairs.

My name is Rebecca and my husband, Nick Knox III and I have run Captain Save a Home LLC, Brew City REI Club, Brew City REI Training Cafe and Wisconsin Contractor and Handyman Club based out of Milwaukee, WI for over a decade.

But he had security on site during rehab taking ID's etc.. he determined a lot of the theft was from the workers who knew exactly what was installed during the day and stolen at night.. 

The course has broken website links, broken video links, and there was very little to no actual teaching going on between the student and instructor unless you would be willing to pay even more for that 1-on-1 training.