But also with low debt or free and clear property that they can easily access any time in the future with a cash out refinance.

But inflation has been on the steady decline for more than a year, and large spending cuts, even though the odds are admittedly low, could result in much lower interest rates in just the next 6-12 months.

It could be 50% high, 50% low or right on the money but no matter which of those three it is makes no difference.

A property manager’s expertise in handling maintenance issues, dealing with tenant concerns, ensuring legal compliance, and keeping vacancy rates low can make a huge difference in the financial performance and sustainability of a property.

. - low vacancy.  

Myself, I specialize in Section 8 and low income properties.

Hey @Dalton Foote - I highly suggest  using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.

Rents are generally low there as well, but definitely stable.

@Collin Hays My favorite that came in at 6am one morning when the nights low temperature was 58 degrees and the high temperature was to be around 75 was the following.