Nathan is right regarding timelines, need to plan for 60 days for anything you want.

Knowing who you plan to serve can guide you to what you should consider buying.

-Leverages your current momentum and enthusiasm for investing, potentially accelerating your path to financial freedom.Cons:-Requires managing two properties, which could add stress unless you already have a system in place (or plan to hire a property manager).

Some agents might offer flexibility, like a non-exclusive agreement, especially if you’re upfront about your plans to explore multiple opportunities.

@Jimmy Rojas, a few things to consider with your plan:1.

He plans on having 2 roommates. 

No I wouldn’t pay it and I would plan that potentially if I don’t pay it, they leave.

@Cal Dunagan Cal, in addition to an LLC we plan on purchasing some additional insurance.

If you are planning on living there (ie in 1 unit) then you are house-hacking and this is a different calculation consideration then renting out both units and making it a true investment.

Syndicates that used lower leverage points and have far-out maturities (such as 2029 or later) are likely to survive as long as they don't run out of cash to maintain the assets for longer-than-planned hold times.