Hi All,Does anyone have any insights on Multi-family investing in Amarillo Texas?

Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

(if the buyer wants a more solid commitment)Once a buyer has spent money they are somewhat vested in buying the property and that gives additional negotiating power to the seller.

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

Quote from @Donald Hatter: Investment Info:Single-family residence buy & hold investment.

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 think this discussion becomes a lot more nuanced on single family homes because they typically are situationlly turned into rentals like yours in nicer areas.

Investment Info:Single-family residence buy & hold investment.

. - Family: Kids?