I own two fully paid out single family homes through a 1031 exchange, my original thought process is to keep them long term since that's been what I've done in the past, however I am contemplating changing my strategy since I'm seeing a lot of movement in the local real estate market that people are flipping them within a month of their purchase on the home. 

While I am currently looking for multi-family duplex/triplex with an eye to use BRRRRR in the north shore area (north of Boston suburbs like Chelsea, Revere, Saugus, Swampscott, etc) class B/C properties, I am wondering whether this strategy in a "tenant-super friendly" state like Massachusetts's with current high interest rates (and therefore high construction/materials/contractor costs) is worthwhile at this time.

We’re still formulating investment strategies, but I’m open to any opportunities until we figure out what area of real estate is best suited for us!

I’ve thought of a few exit strategies: wrap, lease to own, air bnb.

Adding keywords related to your investment strategy or market locations can be updated in your settings.

If you like sharing what you've learned with others and also learning from a community that waaaaay into the deep dive and strategy know-how might be worth checking out.

What 1 strategy should I hammer down and get good at ?

Investing allows for long-term wealth with various strategies but requires capital and management proficiency.

If the STR strategy is the only strategy that makes the property pencil, be sure to purchase in a market where the use is allowed, the use requirements are protected by in place permitting and licensing and the permissions are transferable through a sale.

not St Pete but that’s been my entire strategy for years is to add a bathroom for forced appreciation. now more than ever is it needed with how high things are.if you add a pool, your neighbors will hate you as it’ll bring down their home value