My partner and I are in our 40's looking to acquire multi-family properties out of state for cashflow.   

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

There’s demand for rentals in the area, and multi-family properties tend to hold value even in market shifts.New Construction: With SWFL growing fast, new construction is a big play, especially if you can tap into neighborhoods where demand is rising but inventory is still limited.

My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House. 

Other notes: - Higher density multi family properties can be very hard to secure on the coast, but very profitable.

They’ll have a strong network and be more in tune with the opportunities available in the rental market, whether you're interested in single-family homes or multi-unit buildings.If you're focusing on single-family homes, try to keep them within the same area.

Currently own my first single family rental and now looking for multi family fairly new to real estate investing.

My starting questions so far are* If zoning allows multi-family, would I need any zoning approvals for a conversion?

I have a list of them that I can share with you.Chicago, without a doubt, has some downsides, but there are also a lot of positives, like the inventory of older multi-family properties and price points at all levels.Investing out-state can be challenging because of the distance and the need for boots on the ground that you can trust 100%.