Be prepared for trial runs with several different candidates if you choose to hire a handyman to make sure they turn out to be qualified and dependable.

@Randall Alan Mark Zandi, one of my go-to economists, has also said that the rates should settle between 5.5-6% (https://www.cnbc.com/video/2023/11/27/mortgage-rates-will-se...).

Choose properties needing minor upgrades to build equity.

Think about it: most of them are able-bodied adults who choose to live (mostly) free off the backs of others rather than contribute to society.Rent payments are usually steady, but Section 8 tenants took a lot more work upfront, throughout their tenancy and at the end of their tenancy.

My advice to them is you really need to know construction and walk properties (not just look at videos and photos), know the area, have an unbiased local investor do a walk through (if you can't fly there in person), and how to read inspection reports and get a sewer line scope. 

When someone who is not an electrician wants to do electrical work and you choose that because it's cheaper, don't you already know the answer?

But if the market softens and allows, we will do BRRRR's instead.On the brokerage side, I want to expand my video footprint into short form on 5 platforms.

But I also realize many people choose the direction of Appreciation first.In my hometown market (not Pittsburgh, but central NJ area), few small to mid size multi family properties could come close to cash flowing positively.

You might as well put a vacant sign out front.Let's say your record video of someone stealing your furnace and hot water, what are you going to do? 

However, if both are desirable and available in your market, I would definitely choose smaller multifamily (1-4 units) hands down.