@Brad Eades I would say it depends on several factors, mainly the market conditions, the experience you and your wife have, the area in which you live/plan to invest, etc.

We plan to subdivide the units and re-deed the upper unit to my name as a sole owner and the lower unit to his name as a sole owner.

Louisiana is unique in that the purchaser of the hybrid tax deed can request immediate possession of the property before the expiration of the home owners three (3) year right to redeem has expired.Here are a few links with additional info:https://www.civicsource.com/help/louisiana-tax-cer...https://www.louisianalawblog.com/tag/tax-sale-rede...https://www.nolo.com/legal-encyclopedia/getting-yo...

@Matt Eade do the siblings need to be bought out immediately?

SFR Purchase Date, Loan Price, Interest Rate, monthly payment, and home layout: Dec 2022, 614K, 6.25%, 4300.00 a month, 1 Bed/1 Bath/590sqft/3800 sqft lot  Current Assessed Value: 633K (Average from Trulia, Zillow, Reding, and Realtor.com) Assessed Rental Value: 2300.00 a monthOriginal plan: Take advantage of my lot space and build a 2 bed/1 bath DADU on the property to rent out at around 2500.00 a month.

@Frandizon John Reyes, as @Brie Schmidt mentioned above, lenders typically take the income/expenses reported on your Schedule E, adding back certain line items. 

The documents I provided are: my ssn card; EAD card; passport; income documents; offer letter; bank statements, previous rent payments history.

Add services or products, Uhaul, Fedex mail drop,E. Added

So, waiting 12 years for GC or EAD is out of question. 5.

Plus, if/when I ever need to change out the beneficiary, I don't have to re-deed the property; I just amend the trust document.