If you are speculating on appreciation this may be the wrong time to get into the market, you will need cash flow to survive.Your best investment oportunity will come from multi unit properties with the use of leverage to increase returns.

Some things have changed from the original numbers and I will go over the changes in this post.https://www.biggerpockets.com/forums/311/topics/52...The original price for this 3 Unit Multi-Family was $54,900.

And now I'm branching out into multi-family (out of state as well).

You now know to ask if there are separate utility meters when purchasing multi-family properties.  

New appliances, bathroom remodel, multi year lease with guarantee of no more rent increases during that time. 

It is an asset protection vehicle if managed properly. 

I inherited a 9 unit multi-family in Fla in 2009 with no mortgage that I would like to do a 1031 exchange to Denver (I know, Denver is a tough market!)

Additionally, wholesaling is a short term strategy for raising capital for multi-family investments.

My wife and I have a goal to purchase our first house by the end of this year, ideally a multi family home that we can house hack. 

Norniella does a great job on SFR and smaller multi.