Property Details: Property Type: 6-Unit Apartment Building Building Area: 4,500 square feet Lot Size: 3,050 square feet Depreciable Basis: $1,000,000 Placed in Service: July 2021 Results from Cost Segregation Study: The study identified various components within the property that qualified for accelerated depreciation, leading to substantial deductions in the first year.

Purchase price: $325,900 Cash invested: $16,295 Single Family new build townhome. 3 bed, 2.5 bath, 1795 Square Feet

After securing the deal, the buyer made my wife and I go through three-feet deep of snow to "winterize" the house so there wouldn't be any plumbing issues.It was a 2 hour drive there, and a 2 hour drive back.So much time and effort put into it for only $4k...

You didn't say what size, but I'm assuming a basic two car garage, 20 feet by 20 ft roughly?

Also keep in mind your going to be ready for round two of cap ex in the coming years probably 10 to 30k per house .. 

You have potential to get a good mix with low vacancy year round.   

After securing the deal, the buyer made my wife and I go through three-feet deep of snow to "winterize" the house so there wouldn't be any plumbing issues.It was a 2 hour drive there, and a 2 hour drive back.So much time and effort put into it for only $4k...

Although leasing activity is down 63% from pre-pandemic levels, the pace of new vacancies is slowing, reducing unoccupied space from 58 million to 44 million square feet over the past year.Multifamily PropertiesHigh mortgage rates have boosted demand for rental units, with net absorption up 90% year-over-year.

NAR’s numbers show a healthy bump in inventory—a 5.9% month-over-month increase and a 10.3% rise year-over-year, rounding out to about 1.07 million units up for grabs.Despite the bigger selection, buyers are still out in full force, pushing the median existing-home sales price up by 5.7% from last year to $384,500.

House hacking is another excellent strategy, especially for getting your feet wet in the investing world while minimizing living expenses.Your goal to invest in affordable housing is commendable and can be a rewarding niche.