Look at how prices have changed in the last 5-6 years. in 2018 you could purchase a good 3-family in PVD for less than $300K.

my last one didn't appraise so i sold it. 

I just wanted to share some insight into what I'm seeing in our market the last few weeks!

If your house is paid off, you are in a good position; but the last thing you want is to grow your RE portfolio too quickly and not have the reserves needed if you have an unexpected repair or vacancy. 

You don't want to get caught looking for one last minute for a eviction or some type of issue.

There's soooo much i want to spew out but this is not the forum post for that. just one last tidbit, since it sounds like you're looking for a live-in multi-family, FHA is going to be tough due to added guidelines on 3 and 4 units. stick to conventional. 

If they purchase a house in your area, you could have the judgment attached to the property (I have done this before).Lastly, I have heard that you can 1099 them so they could be forced to pay taxes on it.

3: Lastly, what neighborhoods and areas should I be looking at in Dayton or the surrounding area?

Non-admitted insurers are often a lot cheaper than their counterparts and are a way for your borrower to save money at the risk of nonpayment to you.Last, because we always seem to get the evidence of insurance at the last minute, insurance seems to be the number one cause of loan delays.

Many of them are offering pretty good incentives too, I was just able to negotiate one down $30k this last week, so many of them are looking to cut deals now.