Live in the multi-family for a year, then move back into your own home and rent out the unit.If if not ideal, it's worth the hassle. 

The term Certified Broker is intentionally deceptive in my view. 

Depending on your risk tolerance and investment goals, exploring short-term Treasury Bonds, high-yield savings accounts, or diversified alternative assets like private lending or REITs could also be worth considering.

Is it worth it to go through the proper process with the city and run the risk of a huge expense to make this a 3rd unit? 

There is more headache and maintenance than some other strategies, but the ROI to me is worth it.that's awesome- thank you for sharing. 

Is it worth a reduction of an already very small probability of an IRS audit?

I would like to be in the partnership for the least amount of time possible but want to be sure I can present this offer as worth his time, which is very valuable. 

It’s worth considering self managing as a STR for depreciation benefits if the demand is there 

@Dave Foster   @bill ExeterMy view is without violating any irs rules your best option may be to live in the property 2 years and use the exemption.  

if that doesn't sound worth it to you - then we're back to that HYSA.