I’m getting ready to make my next move in 2025 and I’m contemplating on staying here and buying a multi family property as an investment out of state (only an hour away) which would be a lot less capital and have a lot more land lord friendly laws or buy another multifamily as a primary residence locally and hack that property I’m single and live alone.

.: @Eric Martinyour post makes sense, but i am just not seeing "cash flow" anywhere right now in the first few years of ownership... unless you're buying with all cash, which is what i think you're contemplating? 

I contemplated appealing it, but I figured I would go after the PM instead, which I plan to do.

I am contemplating joining Subto?

The main issue I have is contemplating the baloon payment at the end of the 2nd year and refinancing the remainder with a bank...how can I compute that into calculating the IRR?

Hi everyone,I am an out of town Michigan alum that's contemplating buying a SFR/Duplex as an real estate investment in Ann Arbor, preferably close to central campus and/or close to one of the University bus stops. 

With the city contemplating expanding the ADU ability to city wide, is there any benefit to doing a rezoning now (assuming successful) before the citywide expansion takes place?

The cash flow is a bit sub par on this one and I anticipate some larger expenditures coming my way in a year or two so I'm contemplating this as an option.

Sometimes you might want to go extra on something like the master bath or contemplate other exit strategies.

I know the hotter markets are in Sylva and surrounding area.Been contemplating how Franklin would do in STR myself.