Buying a Residential Multifamily In NW Ohio
Hello Everyone,
I was hoping some experienced investors could shed a little insight to help with my first purchase. I live in NW Ohio and after years of renting and saving my wife and I have decided that we will be buying a residential multifamily before our next lease needs to be renewed we would like to "house hack". I have been casually searching and it seems like most of the products I am interested in such as duplex's or quads have several for sale nearby, as well, sometimes on the same street. When I see this it makes me think that there is an oversupply in this particular area.
Is this a fair assumption to make or are there other factors to consider?
Any recommendations would be greatly appreciated.
Thank you!