Given your criteria—affordable multifamily opportunities, a mix of MTR & LTR, and properties that sustain themselves—I’d encourage you to take a serious look at Memphis, TN.Memphis offers a strong rental demand due to its affordability, job growth, and a high percentage of renters (over 50% of the population).

I've been buried with tax preparation and a couple projects, so BP moved from the back burner to completely off the stove!

I think you'll find a ton of useful content and a supportive community here!

.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

A fence or a drive way is 15 years and a major appliance 5 years. 

It was a 50% of one months rent and a $100 increase in rent. 

2023-2024 DECIMATED my already broken finances and killed my 15 yr run being debt free with paid off rentals and a house near the beach in the Ca.

And as a young kid I spent my summers with my grandparents.. they had a cabin on Lake Poygan.. by Winneconne . fond memories..

ALWAYS ensure the contractor walks the property with you or the realtor and a CLEAR scope of work is defined.

Do not quote me on this but I think someone told me the new fund was a debt fund (along with some other asset classes) and a percentage of the money raised was to invest in their other funds (ie. instead of capital calls).