But they are not very popular and usually for larger properties.

Overall I think it’s a great solution for smaller portfolios that you can easily spot any discrepancies, but if you are a larger portfolio or planning on becoming larger in the next year or two, I would look for a double entry system that allows bank reconciliations!

Here’s how you can leverage it:Upgrade Your Property While Deferring Taxes: By using a 1031 exchange, you can sell a current property and reinvest the proceeds into a larger or better-located multi-family unit.

This can include coordinating around tax strategies, estate planning, and cash flow management—all while considering your real estate portfolio as part of your larger financial picture.

However, let's say the lender were to foreclose on an existing PadSplit, what has a larger buyer pool: (since any lender that want's to foreclose wants to make the disposition of property as seamless as possible), a standard SFR, or an SFR with multiple modified bedrooms/faux walls?

Doesn't this hurt the tenants trying to move to a better location or larger home for their family? 

Energy workers on an irregular work schedule? 

I find with larger homes that are big enough for wedding parties, reunions etc that I get a lot of bookings well in advance, with ~50% occupancy several months in advance.

I’m curious to hear from others with larger portfolios and how they are structured. 

Now maybe they have enough energy to party every night.