Although Austin is developing farther out so fortunately could really benefit in the long-term.For those of you whose first property was a single-family househack, what would you do differently or what would you pay more attention to if you could do it again? 

That being said, a few things to consider are the benefits of cash flow vs appreciation. 

I'm new to real-estate investing and I'm trying to understand the difference between the different forms of investingI want to play this RE game for the long-term and have the portfolio benefit from appreciation, depreciation, tax-free cashing-out, leverage using low interest rates, cashflow to cover the expenses.Here's my understanding of eachDirect RE- Full ownership / control of when to sell- Can leverage & deleverage as you want- Work involved to maintain property; But can hire a property manager to assist- Can provide cashflow to cover expenses + CoC return- Provides hard collateral / security for the money you put in- Tax benefits - depreciation, phantom appreciation, interest deduction Majority Partnership- Form partnership where you are majority owner with 2+ other people (with more capital input) - Can provide benefits of direct RE on controlSyndication- Passive investor / accredited - Less work- Access to commercial RE which you can't get otherwise- No security / collateral for your stake; Can loose everything- No different from investing in a business- Already leveraged returns; You don't control how asset is structured- Depreciation benefit passed through K1; But no benefit of 1031Crowdfunding- Low minimums- Already leveraged returns- Can be equity or debt based; Equity stake has some tax benefits through K1- No security / collateral and everything can disappear without recourseIs this correct? 

There are grey areas here however, be aware of this item.With the recent no limit changes added to the VA loan for 2020, see again benefits.va.gov page for Loan Limits, it's a huge benefit to be using this program, especially to jump in to multifamily.

Ive learned that making relationships with others that have similar goals, will inevitably, benefit myself and those you construct business with.

Better to build your own equity through the debt paydown, enjoy the tax benefits of ownership, and garner the equity of an appreciating asset.

But, the benefits of an LLC far outweigh the cost and the increased complexity of doing business in an LLC rather than my personal name.

@Dylan Obrecht I've worked w some investors who rented out to college students, one of the benefits was increased rent because they charged separately for each bedroom.

I truly benefit from all the advice I get on this website.When I think about the dynamic of a partnership, I always think of the ways I can bring value to my partner.It is especially challenging when you are young, don't have any savings, barely any experience, and only knowledge from reading books, but no real investing experience.

You do get the amortization and tax benefit