You would pay $950k for that property because it’s a deal based on today’s value?

Hi @Daniel Carrillo,Just based on conversation had at various conferences I've attended I think we will see some increased activity later this year.

Leverage your skills in market analysis and automation, define your investment goals, and continue learning through books, podcasts, and webinars.

As you read these books, watch the BiggerPockets podcasts.

My base income is ~$95k per year.

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.

So, we bought the property 2 years ago, based on the valuation of the property considering income from 6 units.The sale deeds (from 2018- 3 sales) I could get from the City and the property tax statements (2023,2024) show that the property is zoned as 411 (apartments).

You will need to narrow down the zip code or street a little more based on where you decide to purchase, but this gives you a good start.

DM me, and I’ll point you in the right direction based on your specific goals!