Considering putting in an offer on my first property in this area, which would be a small multi family, which I would live in, at least initially. I have my own thoughts already, but I’m curious what everyone thinks about this area, in terms of:
1) rental demand
2) future appreciation potential
4) anything else to consider
Thanks in advance!
1) rental demand - Medium, depends on location and asset type a bit
2) future appreciation potential - Descent. Its an appreciating area, and one of the few areas you will find a true multi.
3) safety - this is subjective. Some parts over there perfectly fine. But some pockets of sketchyness too, but it is the city.
4) anything else to consider - multis are rare and are a shrinking asset class in the area. Every week that goes by less of them exist.