We have over $100000 equity in the home and a HELOC to access it, but really no other savings.There is definitely a sellers market going on here in Washington and it’s growing.My husband and I have 2 kids and we will have to find jobs as well as housing back east, but can stay with family, initially.

If I enjoyed being a landlord at that point, I would stay in each house for a year (required of your lender), then purchase a new 2-4 unit every year until I hit a point that I felt ready to jump into bigger units or no longer needed to live in each one.

Also, tenants treat MFRs more like an apartment than a home so you will often have a reoccurring vacancy.In SFRs, tenants have to pay for all of these items and they feel more at home and are likely to stay longer.Try looking at: Single Family vs.

If we knew we could get her into one of the good charter schools (lottery system, so pure chance to get in I guess), we might just look at a simple SFH and stay there until we die or downsize later in life.

I personally just like for government to stay out of my business as much as possible so I hope that STR are allowed.

Not that it matters but I am a stay at home mom gathering money to invest.  

Inventory stays forever on the market in smaller markets and if you're going the HML route, the interest costs will eat into your profits in no time.Don't view a market as expensive or cheap purely based on the average price of a property.

I asked the typical questions (is it staying cold, shutting off, leaking, etc.).

With all current comparable of 2/1 in the area with same sqft is around $385k-$400k, I converted to 3/2 with permits our contractor and I ran into many challenges with the city inspection and also tried to stay within budget.

But there's restrictions put on realtors and that's the main reason I've stayed away from it.