The new development here are all the Latinos etc. who have Service Trucks and Trailers and they Rent a big house with five to ten friends to divide the cost of Rent in good neighborhoods.

With rent and mortgage costs doubling in recent years, affordability for locals has decreased significantly.

Hi All,I have a family friend who wants to rent a property in Colorado and I want to help them out. 

Yes, they have rent controlled tenants here in NYC, and our family invested in San Francisco as well, got a 3 family with a "protected tenant", and there's nothing we could do.

In virtually all large city markets it is currently cheaper to rent than to own.  

The value add will include TI's and renting out the 50% of the square feet that is vacant.The hangup is that in a TIC structure we have learned that every person must bring money into the deal to achieve an equitable split.

I'm currently house hacking (renting rooms) my current primary residence which is a single family home and has a mortgage.

You have the funds and can rent out your current place I say GO FOR IT!

If Cash Flow is your goal, then Columbus, OH might help you get there faster, especially if you purchase 2-4 units small multi family property and rent it as mid-term rental.

Did it help you rent/sell the property faster?