@Emily ShinHouse hacking a multi-family property is an excellent way to start investing in real estate, especially in a market like Columbus, Ohio, which offers affordability and growth potential.

I have been digging into off market deals and it has been promising.

I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.

Natural appreciation usually takes holding the property for at least a few years (just depending on what the RE market does going forward).  

I enjoy tenants turnover ever few years for the reason fair market rents tend to increase significantly year over year. 

Quote from @Daniel Tanasa: Hello Terry, If you're looking to find houses that are in pre-foreclousure you can use a website like www.foreclosure.com and you can get the list of properties and start marketing to them. 

I try to evaluate a unique property 2-3 different ways, then make a highly educated guess based on my knowledge of the market.

We are not familiar with any of these markets, nor do we have anyone trustworthy there, or a real estate agent.Our approach would be both rental and house flipping.

One week into 2025 and the US housing market is facing considerable new challenges. 

Okay that seems like good news for making a BRRRR work in my market since I was looking to spend something like 45-75 on rehabs for these smaller sized homes.