My partner and I are looking to purchase our first 2 or 3 family house in the Central MA area and aren't having a ton of luck on the MLS just due to prices being a little out of our range so we're interested in shifting the focus to pre-foreclosures but I'm hearing there is a lot of red tape. 

My number one priority is cashflow to replace my current expenses and then I will shift my focus to appreciation.Any recommendations for:Investor-focused realtorsLenders (hard money & conventional)Property managers versed in section 8Reliable contractors (not necessarily the most affordable)All thoughts are greatly appreciated!

With that being said, many of my clients have shifted their investment strategy to rent-by-the-room.

While the market remains active, with new listings and closed sales still happening, volatility in interest rates and inventory levels may signal a shift in the market's dynamics.

With this current shift in the market appreciation may not be as high but will still continue to climb. 

Seller carry options are increasingly available and an experienced real estate professional should be able to provide INCREASED creative solutions as borrowing costs increase and market equilibrium shifts to buyers. 

As the market shifts we're starting to see seller financing and subject to opportunities, which had been pretty rare for a while.

The need for peace and quiet in their down time is very important to these individuals working long shifts.

In general, aside from obvious vacation destinations perhaps, it's always best to underwrite your STRs to cash flow as LTRs should the market shift I would think. 

.- Multifamily prices are up from a few years ago - The sponsors you know may have shifted from C class to B or A class- They may be investing in more expensive areasThose kinds of deals are still happening, but not in major markets like DFW.