As the property appreciates or rents increase, you can effectively phase yourself out of the property and purchase another, all while keeping the same initial mortgage.Newer investors like this strategy because it allows for a lower down payment versus purchasing a "true" investment property (which usually requires higher down payments). 

If so, that's one less unit worth of rent....but then again, it provides a roof over your head and more cost-effective than rent or owning a 1unit (condo/SFR). 

This guy plays in that MF sandbox and even if he isn't a good fit, you will be impressed with what he does. 

@Brooks McLean pick some criteria for what types of properties you would like to invest in and find a realtor to set you up with some automatic alerts of properties that fit your criteria when they come on the market.

Mostly cosmetic with cost effective touches to the bathrooms and kitchen to improve aesthetics What was the outcome?

I think I've found a home where I could employ an effective subject to deal. 

The SBA has a 504 loan that may fit your profile and give you the funds needed to acquire your building for about 10% down and around 4.5% interest.

Hi,We are real estate acquisition experts who are wondering how we can help you to more efficiently and effectively source off-marketreal estate projects and build your pipeline.

You can do a search on any number of government survey website for population growth, median SFH purchase price, unemployment rate etc.. to determine if it's a market that fits your desires.I did just purchase a mix use property in upstate, NY and wanted to chime in with some concepts you may or may not be aware of.   

Good fit drug addicts though.