Best markets for multi family investing

[Alev G.]

I just listened to the latest podcast episode where the hosts recommended metros for investing but they are geared toward single family homes. I'm wondering how that changes for small multi-family investors looking to buy and hold. I'm currently an investor in northern Nevada but an wondering about other places bc it's so over priced in NV. But I don't know that the fundamentals for a got market like Cincinnati (listed on the episode) is right for small multi-family rentals. Do the hosts ever come at it from that angle? 

Any input on how to assess metros from that standpoint? 

[Samuel Diouf]

Hey Alev, a lot of the fundamentals for small MFHs are similar too SFH rentals. Things start to change once you get into the larger MFH space.

A lot of investors based in markets that are overpriced for cash-flowing rentals are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

There's a lot of great markets in Ohio where prices are still low enough to find 1% rule deals and there's a ton of appreciation happening in certain markets as well. I myself and a lot of investors I'm working with are investing in markets like Cleveland for the high cash-flow and Columbus for the appreciation.