Hi, I'm new to this, and I live in Ohio, and my dad owns some Metro properties he inherited, and we were wondering what the pros and cons of owning/running those types of houses are.

As an example of how this is done see: Average Cash Flow Per Door In Phoenix Metro Areahttps://www.biggerpockets.com/forums/600/topics/58...

I will be starting a new chapter of the Professional Investors Guild (PIG) in January in the north metro Atlanta area. http://professionalinvestorsguild.com.

I am iso realtor estate investors in Atlanta Metro area

I am from the Metro Detroit area. 

If you are in an area with favorable demographic trends (% moving in vs % leaving) and barriers to additional capacity (I am in the greater Portland metro market) combined with very cheap debt if you can get it, and the plan is a non transactional purchase (i.e. buy and hold) then I think that in 10 years I will be looking back wish I had bought more even if there is a rollercoaster in the middle. 

I am wanting to invest into a index fund while i build up some cash to but a down payment of 20% on a triplex or fourplex to house hack in the metro-phoenix area. 

I currently am looking to find 2-4 units in the metro from 100-300k

Austin and metro area is overflowing with wholesalers.....

The number of newly developed vacant lots for homes in the $200,000-$300,000 price range increased in all the major metros, pushing single-family permits upward.