There are tons of filters you can use including out of town owners, single family, multi fam, equity percentage…etc. https://www.melissa.com

Part of the equation is how much equity can be drawn from your property as well, this would also be a question for your lender.4.

They just bought it last year, so not much equity, still $760K on the mortgage. 

Some don't care at all as many are in that position.

You will never see 2.25% again, 1600 a month on 150-200k in equity is an excellent return.  

I’m drawn to real estate not just for financial freedom but to build a legacy for my family while contributing positively to communities.

@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Owning locally has helped me accumulate considerable equity with a relatively low initial investment.

With your construction background, you're already in a strong position to add value to properties through renovations or identifying potential issues.