Should I change my niche

[Account Closed]

I recently started looking over multifamily properties on Redfin while I'm saving up for my downpayment. I want my first property to be my primary residence for a few years as well The problem I have come across us that in the D.C/MD/northern VA area a lot of these properties are well north of 500k The ones that aren't are are in not so great neighborhoods (Trinidad/anacostia/Minnesota ave) etc, and at least according to the reviews from Redfin agents will require at least some rehab I'm sure there are gems in the area that I haven't stumbled upon yet but my question would be should i possibly look into another niche/strategy for this area with a lower cost of entry

[Brandon Turner]

Hey Richard Smith possibly. Sometimes, your area will define your strategy. However, I can't imagine a single family house being any better in the areas you are looking at. Generally, multifamily are cheaper (per unit) than a single family. So perhaps that means you need to look in a different location, or invest outside your local area (turnkey.)

Thoughts?