Look, I know the whole concept of a 1031 exchnage can feel a bit like reading a foreign language at first, but trust me, once you wrap your head around it, you might never look at property taxes the same way.

Can I ask why you want to rent out a short term rental instead of buying or renting out a whole unit that you already own to a tenant on a one year lease?

Yes there are some state specific languages but its rare on how they dictate JV's.

Three and four units properties tend to be slightly more investor facing, but there are still a lot of regular buyers that pick up three and four units as well.

Sri,Are you a General Contractor/Builder or are you simply looking for financing to build a 2-4 unit?

Each unit was Redone inside.

I’m considering a 20-unit multifamily property listed at $1.6M, but the seller has indicated they’re willing to accept $1.25M.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

HVAC unit is package unit on right side of the unit.

This is regardless of whether the unit has been renovated or not.