New investor, looking for MFR with positive cashflow
Hi all,
Long time lurker, first time posting about investment. I am based on oregon, with a SFR home. Looking to invest into MFR 2 to 6 units, Class B or above, with positive cashflow, expecting CoC of 5% or above. Looking to invest in neighbourhoods with good tenants and looking to partner with a good agent/ management team for a passive workflow. Keen on Oregon, washington but open to out of state, based on the deal. Hoping for long partnership as expect this to be the start on MFR. So far investing a lot in stocks, so can answer if any questions there, not a doom sayer, but let's just say expecting a correction there, and personally looking to diversify.