Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.

Hi Alecia,Where in MA are you located.

@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

What is drawing you to that specific location?

This can give you a clearer picture of which route is more profitable long-term.Final Thoughts: Given the location and your dad’s construction expertise, holding onto the property and adding an ADU could create a strong cash-flowing asset and increase the property’s value.

Great Location.

@Kaleb JohnsonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

So buying the right location will become increasingly important here to protect you in the long-termFood for thought.