I was interested in this type of deal because I was living in the area for another year and needed to build equity as well as dip my feet into the real estate market.

Down the road as you build equity you can pull it out to buy more real estate. 

This is a great way to build experience and get some quality rental properties under you while keeping your liquidity up to go find additional properties.

@Emily Pena building houseboat community in anticipation of rising sea levels?

To determine if an apartment building is a good deal, look at the property's cash flow, cap rate, and potential for rent increases.

I try to be friendly everywhere I go to make friends and believe that building a network wouldn’t be too difficult for me but I don’t know what I don’t know.

i found in my build projects that started just before and continued through the pandemic prices rose. everything but lumber became sticky IE they rose but did not fall..

If the zoning map was altered where all 2-4 units were now RT-4 then developers couldn't just tear them down to make SFH and building owners wouldn't need to fight the city to increase density. 

On a positive note we did build a new house to the specifications of a specific tenant. 

Don't be discouraged by the lower returns—house hacking is often about long-term wealth-building, and your primary residence can offset some of those mediocre numbers.Make sure you're accounting for local trends and realistic rents—sometimes expected rent growth is overly optimistic, or costs like repairs might be underestimated.