I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Hi David, How many units is the Multi-Family?

Like I said- just another issue to help you make up your mind.

I'm interested in investing in multi unit properties and potentially get into house hacking.

A two bedroom 1,300 sq ft cabin is going to go for way less than a 2 bed, 2,400 sq ft cabin.One of the issues out there too is that some are setup as legal 2 bedroom cabins because of the septic but then they have lofts and such that allow you to rent them out as 3 or even four bedroom cabins to improve the rent.You mentioned one nearby you with a similar layout.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

This allowed me, for example, to purchase an automotive repair facility with an environmental issue thru BK court for $115,000, remediated to issue for $2,000, and sell the property for $325,000.  

I was just talking to someone yesterday who was actually coming across the same issue, not sure what you're looking for exactly but if it'd help to go through some ideas happy to share!

The city of Oklahoma City has issued a moratorium on home share licenses and many landlords are converting STRs into MTR or regular rentals.