I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

My number 1 tip would be to go off market and find owner that wants to sell at a discount / prefers speed and convenience. 

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

Additional DetailsI’m willing to invest in out-of-state properties, though I prefer areas with good property management options.My primary focus is passive income, but I’m also interested in value-add opportunities.I want to ensure these investments provide strong tax benefits and diversify my portfolio.I’d love to hear from experienced investors:What would you do in my position?

While that may be good for the 10% pref investors, you may have been better off holding another year and getting another 7%.Related to this, I generally don't like preferred returns as a passive investor. 

Consider offering equity partnerships, debt financing with profit sharing, or preferred equity, where investors get a fixed return before you share profits.

Do have an idea of your preferred acquisition price and how much rehab might be required? 

@Michael Benanti I have it and have used it for analysis but I prefer the BP calculators.

Whether we’re flipping a house, helping a client find their perfect home, or designing a custom renovation, everything we do adds value—and that’s the ultimate goal.

I use pricelabs and agree that Airbnb’s interests are with the customer not the host.