(existing "affordable" inventory becomes very attractive)"1%" Rent-to-Purchase Price Ratios and 7-10% Cash-on-Cash is Normal.An Abundance of C/C- Locations in Extreme Transition with Verifiable Upward TrendsDozens of Neighborhoods with 70% Price Appreciation Over the Last 5-Years20,000+ Multifamily Structures in Franklin County; Less than 10% Transact AnnuallyMarket Rents are Impossibly Low Across Existing Small MF Inventory

There are limits to what military members receive while transitioning with families so charging $250/night when their daily allowable rate (per diem) is $98 won’t help.Here’s the website that has the daily rates for every location.

There are a lot of great options out there; aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

@Elijah Maestas If you know you want to do residential transactions as an agent, and you know you want to move back to New Mexico, then I would find a brokerage in whatever town you want to move to and skillbridge with them remotely, then transition to in person once you get your DD-214 and move back home!

IMO, house hacking is arguably the BEST way for a beginning RE investor to get started; it has MANY advantages over other strategies.It's true that it's now very difficult to find a cashflowing house hack in SLC, but I wouldn't say it's impossible (and the market is transitioning quickly right now, so who knows what the numbers will look like in a few months).Because it's such a tough buyer's market, finding a cashflowing house hack often requires some creative thinking.

Im currently working in a private healthcare clinic but am looking to transition to mobile, going to peoples homes(eliminate overhead, and more convenient for patients).

Hi BP Community,I am starting to look into multi-families as the next phase of my REI journey.  (just some back history - I have a few SFRs and a duplex as buy and holds but am becoming interested in slightly bigger d...

Our situation:  I have a W2 job with the military and will be eligible for the retirement pension in 3 years, but will probably stay in 5 and then hope to  transition to REI full time.My wife is a realtor with 3 years working part time, but starting to  get  closer to  3/4 time.We have a 4Plex that brings  in approx $50k in rental income and cashflows about $2k  per month  managed  by a property manager in CO. 

Did you find the transition worthwhile?

We are now transitioning  to a lifestyle change of a more passive investment strategy.