So as investing partners it makes sense because we will both have extra cash at the same time, we partner up to cut the risk in half + we both specialize in a couple things the other does not in terms of being a rental property owner (e.g. running the books + marketing vs actually fixing things).  

I am thinking 5+ units, but I would be open to a smaller property if the numbers made sense. 

It can make more sense to do PML's in the IRA instead of rentals, particularly if you use leverage since the IRA will incur UDFI on that portion of the income derived from the mortgage. 

So far this makes sense yes?

How does that make sense?

:) -Miguel SuarezIf you're moving for work, it makes the most sense to live as close to your workplace as possible.

It doesn’t make sense to me to just raise rents 2% per year if market rents are rising significantly faster.

If the deal makes sense and the returns make sense, go for it.

It generally doesn't make sense to build anything on the land to then tear it down and build something else, unless development explodes and you're tearing down ramshackle to build expensive.

I don't think your math makes sense.