I’m planning to do this for 3 multifamily properties all located in MA, each ranging from 2 to 4 units.

@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

Would this be a feasible plan?

We plan to renovate it ourselves and turn it into a 1200sq ft 2/1 to STR.

If you elect to use a VA loan, that typically means you don't plan to put any money down.

If you're planning on investing out of your area and will not be managing the property, why don't you look at better markets.  

It's a great way to talk through your plans and goals for real estate with people that actually understand! 

I would say sec8 is the pinnacle of requiring great management, systems, planning and methodology. 

You’d need a clear exit plan and enforceable lease terms to protect your investment.Think about the following:Tenant Risk – Can they truly recover financially, or will you face another eviction situation?