Find the best property you can afford that also can produce enough income so that your monthly out of pocket expense is equal to or less than what you'd pay in rent.

I'm looking to potentially do the same thing in Queens now where there are some more affordable mutlifamilies.

You could probably afford $20,000 without much impact on your budget.

Just remember there are less people that can afford the 1 million dollar plus houses than can afford the $300 to $400 thousand dollar houses .

I an afford to sit on this property as its in the Yosemite AirBnb hot spot and don't need to do anything right away as its in a killer location.

There is no lack of affordable homes.

or have you found various creative solutions to secure favorable terms?

With the prevalence of remote work policies, many people opted to leave affordable apartments living near work in and around metros to live an hour or two outside of their work location to get much more space for their money.

My girlfriend and I are looking to get into Multifamily real estate investing and have also looked into the possibility of house hacking, although a good affordable property seems to be tough but not impossible in this area.

Solution: Use metrics that are consistent between your annual goals and quarterly milestones.