Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.

Would real estate prices in certain regions rise rapidly due to demand from both local and international buyers? 

If the market is appreciating rapidly, I'm with you—equity growth takes the lead.

That said, if your goal is rapid cash flow growth, a 1031 exchange into higher-yield properties could help you scale faster.

With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really has gotten harder to make these deals work.

Ideally it should still cash flow solidly but may not appreciate quite as rapidly as the bigger market.

Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.

I'm looking for some advice on investing in Michigan generally, and/or Grand Rapids, MI specifically. 

He took a 401(k) loan to fund the down payment on a four-unit building in a rapidly appreciating neighborhood.

And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.