Your 'no parking' signs are likely missing some seemingly small element that is necessary for enforcement.

No more than 1 mile away if possible.  2 miles maximum if there are simply no comps, but that can drive you into a very non-comparable neighborhood. 

Did you compare the numbers here to other deal opportunities in the Chattanooga market? 

I especially recommend coastal CA RE investors start local.My recommendation is to house hack a detached duplex or a SFH with a detached ADU.Here are some of my thoughts: Using FHA financing you can get 96.5% LTV compared with typically no higher than 80% LTV not owner occupied (i.e.

What do the numbers look like comparing the two opportunities?

Compared to the prior month, and indeed the preceding nine months, there has been an increase in available inventory, albeit slight.

Comparatively speaking, if you were to go buy a home off the MLS with a $120,000 purchase price with 25% down payment, that would be $40,000 out of pocket (25% down = $30k + $10k in closing costs).So are you $5k better? 

Over the 10 year span from 2010 to 2020, the median price for a single-family home in Austin increased on average of around 8% year over year.You're correct that there's more upward pressure over time on prices for homes below the market median compared to those priced at or above the median.

You can come check it out, and compare pricing, you will like it.

@Malachi Hoots so with multifamily the sold comps do not come up as often and are less likely to be used compared to SFHs.