I'm still in the niche as I think there will always be a market for affordable housing.

Buyers won't use agents, Companies like Redfin and Zillow, who are more Silicon Valley than RE companies, will develop technology to cut them out.2.

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

I’m interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.It’s gonna be hard if not impossible to get the margin to brrrr pretty much anywhere in the region, would recommend more turn key & house hack. 

The other needs less rehab with houses selling for around 100k or renting for $600-$800. 

House-hacking is way too trendy. 

I know of a realtor or two who will informally watch over a client's house and at least one house-cleaner who would clean between stays, but that's about all I have.  

.- Any insights on recent market trends or upcoming developments in Pittsburgh would be greatly appreciated.Thanks in advance for your help!

Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷‍♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

My company has developed detailed internal procedures for these so, just understand, I'm simplifying the process quite a bit here.