In addition, when you have leverage you have the other benefits which @Ali Boone mention.

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

Your insurance carrier will decide who is liable, and if it is the other insurance carrier then they will file a Coordination of Benefits with the other carrier.

Just be sure you fully understand the rules—self-dealing or personal use of the property can disqualify the tax benefits.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

However, I'm drawn to the long-term benefits of multifamily properties.

Co-living isn’t just an alternative to traditional rentals—it’s a way to maximize cash flow, lower risk, and attract investors.To make this post more insightful, I’ve included graphs and visuals that break down the key benefits of co-living and why serious investors should be paying attention.1.

Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

It was a great experience as I learned about the benefits of real estate. 

Longer Tenure in HomesData from the National Association of Realtors (NAR) shows people are staying in their homes for a decade (see graph below):This increased tenure means homeowners benefit even more from home values growing over time.