Keep in mind these are duplexes so double kitchens, appliances, hvacs ect.... greater cost than a single family.

Maybe a family member or close friend?

It was a single family home in San Jose that he bought 40+ years ago.

Average Nassau County 2-4 family values rose nearly 14% in 2024 and Suffolk saw an 8% increase. 

I am purchasing my first rental property (multi-family) unit in Salisbury North Carolina. 

Your first move at 18-21 should be house hacking (buying a small multi-family and renting out units).

Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

I don’t quite have enough capitol for another property downtown and am currently looking at multi families in North Charleston. 

This negative equity position is one of many reasons that adding ADUs in a single family zone is not typically a good RE investment.OP whatever you decide to invest in, make sure you do thorough and conservative underwriting. good luck You’re right in that the level of underwriting I presented wasn’t institutional level - but for your average person just starting out, institutional grade analysis often makes the thought of investing overwhelming.

My family has owned a farm there since 1831 and my brother still lives there.