The hunt for MFR's has been underway for a few months. We're not having great success. It's challenging to say the least. Many have said and I've always known it to be true that there are exponentially less properties from an MFR perspective than there are from an SFR perspective. I've done searches city wide and gotten ~20 MFR's back as result. I've then done a 3 mile radius search for SFR's and gotten back 200 results. The difference is definitely exponential.
I'd be lying if I said I wasn't considering going back to SFR's. The market is still ripe and great values are still everywhere. We're still in the hunt for MRF's but it will definitely be interesting to see what the next couple of months hold for us.
