One idea that I have been pondering is buying a plot of land in a relatively good location with high odds of appreciation then placing a prefab house on top of it.

Investment Info:Single-family residence buy & hold investment.

I think you're right about the multi-house holds.

Hey Tanner,Welcome in, its a good idea to build your team as you get started and then being ready to pull the trigger when the right deal comes along.Our firm helps to track down unconventional financing for clients through various hard money/DSCR lenders.

While these brokers/agents focus on commercial, in Ohio, they took the exact same test and hold the same license as the agent that is trying to "help home owners get top dollar for their house".As for loan terms, these can take on many forms.  

Right now the stock market is in a short term decline and not sure what investments you currently hold in the 401K and how to time the market would be a better question for an FA (Financial Advisor).

I want to ask if there is any networking opportunity in this area and if you think investing multi-family home now is a good idea.

Though our 1 BR performs great, I like the idea of 2 BRs better.

I like the idea of 3-5X'ing my money!

If you've got the backbone to hold up to any challenges this situation might bring about, you could potentially get a pretty good deal on the house.