For example, if you invested $150,000 in a duplex and were able to improve it through renovations, attract higher rents, and increase occupancy rates, the value could appreciate more efficiently compared to a single-family home that doesn’t enjoy those rental income advantages.In essence, the key difference lies in how multifamily properties can appreciate not only through market forces but also through operational improvements.

@Bennie Smith we've got a map at our website that we spent quite a bit on, to help investors understand what Detroit Neighborhoods they may want to invest in.DM us to discuss more as Moderators may delete this thread if we cover too much here.

I've posted about the vacant land we own outright a few times already. 

I normally pick and choose the events I go to based on what will be discussed. 

That said, everything I read and Realtor friends I speak with confirm that sales are far and few between in residential housing at the moment. 

Please advise if you have a good agent to refer who specializes in multifamily.more precisely in these areas:NashvilleKnoxvilleIndianapolisCharlotteRaleighColumbusCincinnati Welcome to the site!

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

I've gone through 4 different ones in the past 4 years and I've finally found a good one.

Following to read people’s thoughts.

Once I had the right person to speak with, things went much better, and I hope that is the case for your situation, too.