Look at economic indicators, population growth, job market stability, and rental demand.Leverage Local Expertise: Partner with local agents and property managers who have a deep understanding of the market.

You are asking about markets where you can Buy, Rehab, Rent out, Refinance, and Repeat (BRRRR Method) where you can buy 70% of After Repair Value and under $150,000 with good cashflow.This is my favorite strategy as well.There are several markets in Michigan where you can do this but the market I prefer is Lansing, MI.It is the State capitol, there is always a lot of economic development as a result which creates jobs and demand for housing which keeps rents up and appreciation steady.To Your Success! 

Absorption rates of competitive office space may not immediately reflect quarterly total job gains or losses, but it is prudent to consider longer-term economic and demographic performance as influential upon current occupancy levels.

"LUCK" if we are talking about a lower economic person all things being equal they come from the same tenant pool.

.- Economic Stability: Supported by a stable healthcare sector.- Cash Flow Potential: Often meets the 1% rule, indicating strong cash flow.Columbus:- Growth and Demand: Booming population and tech industry.- Appreciation Potential: Consistent market appreciation.- Rental Market: Low vacancy rate, suggesting high rental demand.- Median Prices: Affordable compared to larger metros.Long-Distance Real Estate InvestingInvesting in properties in the Midwest while living in Los Angeles is feasible with modern technology.

Three units to maintain.Although I need to do the math, scenario 1 strikes me as more economical as there are shared costs gained with a multifamily property.

For example, it's not uncommon to see a whole Asian family live together for a long time and essentially using group economics to start up family run businesses.

I would agree with this - its probably too soon / not economical to do a cash-out refinance at this point - options for freeing up equity would probably be best served via HELOC or something to that effect

If so, what are some good appreciating markets with good economic growth and safety?

Or he just added new units.  87.5% full from a unit, economic or sq foot standpoint?