Quote from @Adolfo Herrera: I recently bought a piece of land(cash) in my hometown in Texas and I am looking to start building a home to sell.The lot sits in a new neighborhood and is in the more affordable side of the Rio Grande Valley.

That means they are affordable for owners and investors alike and may have some appeal for growth. 

.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.

Memphis is definitely a solid market known for steady growth and affordable housing.

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

Quote from @Henry T.: um, not having to move furniture? 

Mod Building if done right cuts your carrying cost and your installation time making it more affordable. 

Tampa tends to have more affordable multifamily properties with a balance of appreciation and cash flow. 

It's got everything to do with people just not be able to afford it, even if they wanted to.

Once you have a good understanding of what you can afford, reach out to your landlord in a friendly and casual way.