There's a lot you can do remotely such as listing on websites, pricing strategies, arranging/order supplies, guest communications, going to the property and doing work on it (note: travel time generally doesn't count).

Utilizing empty lot space in this way helps to combat the increasing housing prices and limited supply many markets have been experiencing.

If appreciation is slow and steady, and no extra liquidity is available, the basic fundamentals of personal finance do catch up to this investor.

Anywhere that has consistent or slightly growing population and a decent job supply may be a good fit.

You do need to have steady employment, decent credit, and not be drowning in debt.

My opinion (and it's just that, an opinion) would be to keep your 9-5 job as it is steady income and be frugal and save as much as possible.

That is smaller units built with higher density to make the numbers work for both buyers and builders.Adapting to these challenges isn’t easy, but it’s necessary to keep up with the market.What are your thoughts on how builders and developers can address affordability and supply issues. 

On most small MF that get listed for sale, the owner lost interest years ago and management attention is in a steady decline until something triggers the sale.

This has happened all over the country and will continue to happen because we are becoming a renter nation and we will probably never keep up with the housing supply.

It was already generating steady income, and we were able to grow its revenue further by raising prices and improving operations in the wash & fold service, which led to better customer retention.Our SDE (Seller’s Discretionary Earnings) was about $77k annually.