Hi BP, I have been looking into purchasing an investment property in the Hollywood/Fort Lauderdale, FL area.Ideally looking for a small multi-fam which I can house hack, but also open to SFR’s as well, my main focus is on obtaining a property that produces a positive cash flow.Any general advice from those who have/are invested in the area?

The result is not going to be good, UNLESS YOU CHANGE.  

.), but feel I’m a little late to the game since it seems that everyone in the Tri-State area swarmed there starting last year.Ideally looking for a small multi-fam which I can house hack, but also open to SFR’s as well, my main focus is on obtaining a property that produces a positive cash flow.Was hoping if anyone could provide some insight into how this market is currently faringOr Any general advice from those who have/are invested in the areaOr Any recommendations for specific nearby neighborhoods to research deeper within my price range (approx. 250-300K)Thank you all!

This also means less climate-changing emissions for your house than other forms of heating would produce because it doesn't release any carbon dioxide into the atmosphere when used correctly.  

At worst we would have a tangible asset that produces 1k a month in rent and our money would be safe as inevitable inflation lifts housing prices to the moon.

Also, do not rely on the rapid increases resulting from COVID; these increases are not sustainable.

It hardly breaks the bank and you could accompany it with an explanation of "unprecedented COVID related labor and parts shortages resulted in untypical repair time on the generator".

Theft and dishonest partners can result in major financial loss.

For me if the refi produces enough equity to get started on the next deal that's what I will do. 

Not huge cash flow, but it got me in the market and is a steady producer.