If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion? 

@Mario Morales - Personally, I would do some research in your target market and search (even it on zillow) for 2-4 family properties and see what agent(s) seem to transact the most in that space.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Also this is in West Palm Beach targeted for families on vacation.

($20-$40k/yr) then you should definitely target small midwestern towns where you can get cashflow and zero appreciation.

For instance, targeting multifamily properties (2–4 units) is a great way to grow your portfolio.

I personally target Lauderdale, Limestone, Morgan, and Madison Counties.

Hi Srikanth, I’ve been investing in Cleveland neighborhoods with a similar focus, targeting properties that align with appreciation potential while attracting quality tenants.

If foreclosure is what you want to invest in get a head of the game and focus on a target area and know if that HOA is a pain to work with, you might just find someone who wants to sell quickly to get aways from the HOA.

I'm patient, and long term know that it will perform.She (the broker) has been targeting that list for me for months now.