While the former presents a classic investment opportunity, the latter has caught my eye for its unique and potentially lucrative approach.As someone relatively new to this field, I'm aware that there might be aspects I haven't considered or opportunities I'm overlooking.

However, amidst the tough times, there lies a silver lining for bargain buyers and savvy investors.According to Ralph Rosenberg, a prominent figure in the global real estate investment scene, the problematic conditions that have plagued the multifamily market are expected to taper off after 2025.

I have 11 units in the Twin Cities. My total of all annual expenses is about $220K- everything, insurance, haircuts, leisure travel, property taxes, etc all included in there
I dont want to semi-retire any time soon,...

I would very please to learn from all of the experts in here about which area is good for a potential investment property with low risks.

This can help keep you in a lower tax bracket each year, potentially reducing the total tax you pay.

., they add no permanent value, and it's very much the norm for the buyer to not pay more or separately for them), I believe you need to have enough cashflow to earn back the furnishings spend in a year.

That will give them instant cashflow to prepare for potential vacancy and the downtime that it may take to turn the unit.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

Michael great to hear you have identified a potential asset for investing in!

@Dean ValadezBased on your initial statement, you bought this property with value add potential.