@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

Sounds like you're doing just fine Ryan!

The town is encouraging home ownership, so buying a condo/single, living in it for a year plus and then renting out works fine here (what I did), whilst house hacking a multi is more complex.

I was fine with all these numbers.Then I met with contractors...First, I wanted to add a new bathroom and approximately 450 sq ft of additional living space.

I am perfectly fine holding X amount in real estate.If I do see an opportunity another option is to lock it up and sell one of my existing if I think this property will perform or appreciate significantly more.

They can fine you for practically anything and they want all the STRs to be banned from the city.

I really think that this is not necessary (with all due respect @Jonathan Greene)The forum is great and works just fine IMO.

I was willing to offer some seller financing, and I was fine discussing the multiple.

Seems like they suit you just fine from what you said.  

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