Some of my clients love the cash flow in the east side neighborhoods over by Slavic Village and Broadway selling between 90-110k with rents up to $1,800+, but just really depends on the types of neighborhoods you're investing in and your risk / reward threshold. 

Hopefully, 2025 will reward us all who have stayed in the game. 

I'd build a quad, and there is a laundry list of ways one can select to be amply rewarded for such. 

@Stephanie Jacobson it will only encourage and reward slumlords who don’t put a dime into their properties or properties they buy because they charge cheap rent.These properties usually become so untenable that they become vacant and boarded up.

It seems these inevitably run into problems as the investment projections are not met, loses begin to pile up, SEC compliance issues are ignored, and numerous legal actions are instituted against the sponsor.   

May your bookings be as plentiful as you wish, your guests be low-maintenance, thoughtful, and honest, and your positive reviews numerous.

As for my Airbnb research, I have spoken with a person who runs numerous Airbnb’s in a different area (city atmosphere) who provided good ideas on how to smoothly run the property.

I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).

Enjoy the rewards of all your sacrifice!

If there were no risk there would not be a reward of building wealth.