.: @Marcus Auerbachhere's my secret plan - going to share it with you - this is how I pivot based on macro trends.unemployment going up: buy quality single family homes with fixed rate debtunemployment going down: buy quality single family homes with fixed rate debtFed raising rates: buy quality single family homes with fixed rate debtFed lowering rates: buy quality single family homes with fixed rate debtDemocratic president: buy quality single family homes with fixed rate debtRepublican president: buy quality single family homes with fixed rate debtdon't tell anyone, OK? 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Owning multiple types of multi-family rentals (Class C and B for now), I have a good grasp of the value, in addition to just public rental data, so not really a problem for me.

It also matters what kind of property it is as single family residences are priced differently than condos or 2-4 units.Also, the state matters as different lenders operate in some states but not others. 

If you're not yet aware of this niche strategy whereby you can leverage your real estate assets (single family, multifamily, hotels, etc.) to generate significant long term cashflow, this is the podcast to watch. 

I do not yet know what my end goal is, but my current goal is to obtain 1 single-family home rental property, and expand from there.

I see a lot of 2/3 family's in Springfield MA for good prices.

If so, lending this money puts his home and, presumably, his family at risk.

Premium RE, high COC return like a luxury STR or small balance multi family could be a good partial anchor. 

You might also want to take into consideration if it's a single-family or a multi-family.