However, the rental value this area is very low compared to the Home values and mortgage rate.

I'm not saying "wow, what a deal" or to copy this I'm just saying when compared to SFH or continuing to rent, the 2-4 unit househack is very appealing and thus demand is strong.

I did notice end of 2024 to be more active and January to continue that streak compared to 2023 and start of 2024.

At least comparatively to properties in California, Washington, Montana and Idaho, investors seemingly still get a lot of value for their capital. 

I have one tenant who is a god send compared to most, he accomplishes nearly ever repair I need, even did an HVAC unit. 

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

However, the process was extremely cumbersome, communication was inefficient, and the loan fees were inflated compared to other deals I have seen from fellow investors.We will be ready to begin the refinance stage of our next project in the coming days, as renovation is finishing up and we are screening tenants.

I was comparing large cities to other large cities.  

With 40-60K in equity you could explore selling to reinvest but it depends on what deals are out there compared to yours

It’s an incredibly affordable market compared to major cities across the country, which means your dollars stretch a lot further.