Househack properties in 2024 sold 1-2 weeks faster than they did in 2023.Deals are tougher to negotiate as well. 2 of NYC's surrounding Counties (Westchester & Suffolk) are averaging above asking price sales on 2-4 family properties. 

I have found that I get more appreciation on the single family house because I can sell it to an investor or as a primary residence.

I have a few banks and family offices I've worked with for years that will definately do the deals with me. 

Investment Info:Large multi-family (5+ units) buy & hold investment.

Hello,My tenant recently moved out of my investment property which is a single-family 3 bed 1 1/2 bath home. 

Single family usually doesn't make much sense from a rent/price ratio in A-B areas unless you are doing a rehab.

@Travis Biziorek we've been on the same page about that forever:)Seems we both want people investing the RIGHT way in Detroit, so they brgin family & friends!

The combination of families looking for more space, good schools, and a quieter lifestyle has been a big driver of demand.For my investments, I’ve noticed:High tenant quality: Families or professionals relocating to suburbs like Naperville and Wheaton tend to stay longer, which helps with stability.Increased competition: It’s definitely tougher to find good deals, especially in top-tier school districts.

Do you know if this would be an issue when it comes time to having my 5 year DCA inspection in ( mid 2025) as the property is only register with them as a 4 family?

I'll be specifically looking to start in the Cincinnati, Ohio and lean towards targeting buy and hold single family and potentially multi family as well.Any advice is appreciated and I look forward to connecting.