Starting with a small multifamily property is a fantastic idea—it gives you a chance to live in one unit while renting out the others, which can help offset your mortgage and build equity faster.

Faster TurnaroundsSmaller projects often take a backseat for licensed contractors, causing delays.

And you can definitely pay off your home faster if you focus on running all of your expenses through it and watch your expenses. 

Emphasize Walkability and Transit AccessProperties near CTA train lines or buses rent faster.

You need an income that meets three requirements:Rents increase faster than inflation to offset constantly rising prices.It must be reliable; it continues even during economic downturns.It must last throughout your lifetime.These are all long-term requirements, so the current interest rates are not the major issue.

If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month.

Use it to fuel you but do not fall in love with a deal and force it through. 

Again, DM us if you'd like a more focused & faster/efficient chat:)

Reviews are crucial for building trust and gaining momentum.Ultimately, while price can be part of the equation, it’s the combination of a welcoming, value-driven approach and strategic marketing that will help you stand out and build trust faster. 

Since the lease is expiring and I see you are in NYC it will probably be much faster to just not renew the lease.