This article outlines the benefits of alternative financing to support struggling but fundamentally sound projects and discusses the current market conditions and trends in mezzanine and preferred equity investments.Market ContextIn July 2024, the distress rate for multifamily properties securitized with CMBS financing rose by 100 basis points to 8.4%, continuing a trend of increased distress across the sector.

You are being very broad- each market is it's own market- and you can't categorize this broadly.

Looking to buy my first (of many) rentals in Cincinnati and looking forward to connecting with professionals in the Cincinnati market. 

Remodeling and addressing the current market demand.

Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

Be sure that you have a differentiator that makes you unique against other homes in the market.

market of 1980-1981.  

When I acquired the property, both tenants were paying below-market rents.

I might be eating these words later, but as far as I can tell, at least here on the Oregon Coast and beyond the market crash everyone is waiting has not materialized. 

A month-to-month rental is typically priced higher, which means you may be worth $4,000 - $6,000 per month.I highly recommend you research your market and understand the value of what you are renting.