I don’t see anything in that specific neighborhood that lays a solid foundation for the next step of development and sustainable growth.

Ways to achieve this would could consist of:* House Hacking a multifamily and living for free (assuming you are renting)* Paying off any high interest debt* Paying off any cars* Paying off any other financial burdens that keep you up at nightThen I would pick an investing strategy that resonates with me and go after it.

Knowing your market (and any STR restrictions) is a major factor to sustained success.

Cash flow isn't just rents, you have to look at the acquisition monies as a key factor in growing a sustainable rental business.

@Frank Wong your words really resonated with me.

U did not have a massive army of unlicensed wholesalers going after the same assets.. demand gets high supply gets low prices go up the model becomes less attractive or sustainable.

But its location location location.. walk to cool pubs shops restaurants etc.What happens in many of these lower value areas is retail leaves banking leaves resturants leave.. not sustainable so no one wants to buy a home to live in.. and it becomes all renter dominated then the values crash to ONLY what a local will pay for a given cash flow.And most locals in these areas wont look at anything that does not make the 2% rule. so as long as you have that criteria and rents that have been the same or stable for better part of 25 years..

The other problem with some of these is the payout ratio CIM for example is 338.98% according to Yahoo finance, so for every $1 they make they pay out more than $3 in dividends, which obviously isn't sustainable.

You still need to make sure your website resonates with your traffic.

🏡 According to recent surveys:Millennials, aged 25-40, prioritize walkable neighborhoods and urban amenities, with 72% expressing interest in living close to restaurants, shops, and entertainment venues.Gen Z, aged 18-24, values sustainability and eco-friendly features, with 64% stating they are willing to pay more for properties with green certifications and energy-efficient upgrades.Baby boomers, aged 57-75, are seeking downsizing options and active adult communities, with 68% indicating they prefer single-story homes and amenities such as fitness centers and community social events.Understanding these preferences is key to finding the perfect home for every generation.