I am considering a 12 unit multifamily property in my home market of Harrisburg, PA. 

There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.

Considering recent market insights, reallocating your $300K brokerage account into a multifamily property while keeping your townhouse rented could be advantageous.Warren Buffett’s Berkshire Hathaway has accumulated a record amount of cash, suggesting a cautious stance due to potential market overvaluation.

Most of the ones I bought had existing tenants and almost all were paying below market rents and way below market rents.

Purchase price: $73,000 Cash invested: $25,000 I was charitable landlord renting to single mom below market rents.

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.

Or if you are familiar with the market, what would you suggest?

@Cosmo DePinto The Huntsville market is tough right now.  

Is the Hanover market something that anyone knows much about regarding its future economic growth in relation to the rest of this central PA area.

They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets​​.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.