I'm a resident of Jersey and thought focusing on PA to get started would be beneficial because the taxes are lower and there seemed to be more listings at lower prices than there are in NJ.

From the sounds of it, you’re doing a version of the live-in BRRRR or house hack without even realizing it, which is awesome.

Stephen brings up a valid argument that there is no black-and-white clarity on 27.5 vs 39.

The logistics around turnovers, key exchanges, and even things like lease signings or small repair follow-ups just became too much.

Hey Fred — welcome to the more active side of the community!

(You just need to be really good at spotting the big capex stuff up front and accounting for it in your purchase price.) 

General Partner in a 106-unit value-add multifamily investment in the Atlanta metro area.

The investment includes significant exterior and interior renovations to increase rental income and overall property value.

Given the interest rate in 2025 and high property taxes in Chicago, it may be hard to make it cash flow by just putting down 20%.

Purchase price: $1,340,000 Cash invested: $3,105,194 General Partner in a 106-unit value-add multifamily investment in the Atlanta metro area.