I'm also concerned older homes have already seen their biggest jump in capital appreciation and don't have as much potential for price growth compared to newer homes.What are your thoughts on older homes?

Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.

Incorporating a washer-dryer hookup in the main house could be advantageous.This addition not only increases the convenience for potential renters but also adds value to the property itself.

I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

I saw the potential to cash flow when the opportunity presented itself I jumped on it.

Assume a couple of months of vacancy, consider potential unexpected repairs (like HVAC or plumbing issues), and test the numbers with rents dropping by 10-15%.

I am wondering if anyone has ever taken legal action against property managers, and if they think we have a potential case? 

Quote from @Brian Dolbeare: I’m considering purchasing a small multifamily property in Pittsburgh that I really like, except for one potential drawback: it has 100% street parking.In my current market, lack of off-street parking would be a significant negative, especially during winter.

In terms of maintenance, they are generally safer because you are not responsible for the exterior and common areas and potential leaks, etc.

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.