And yes it sure isn't what it seems, especially in this market.

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

Since you’re focused on buy & hold multiplexes, consider networking with local investors, refining your underwriting skills, and researching markets with strong cash flow and appreciation potential.

I bought a condo in Norman Oklahoma 3 years ago and due to the rental market, I have struggled to get another.

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.

Quote from @Shayan Sameer: Quote from @Samuel Diouf: Columbus, Ohio is a great market to consider if you're looking for appreciation markets that still have cashflowing deals under $200k.

You may want to get in touch with @Sharon Vornholt who has done a lot of marketing in this niche.

For calculating ARV, platforms like Zestimate, PropStream, and Reonomy use machine learning to analyze market data and comparables.