Hi @Rachelle BertumenI live and work in the Truckee/Lake Tahoe area and personally own two long-term multifamily units in Reno.

Yea, the guide is a living document that I've updated several times throughout the years.

I used to live downtown and was on the zoning board.

CT isn't cheap so if you plan on doing it there you are going to surprised at how poorly you do. maybe in the suburbs I'm not sure but as much as I know people call us from CT and everyone is rich and has lots of money and things are expensive out there. build to rent is a great model. we build 3 story walk up infill and keep it to the residential side. 3 units is the most units before it's commercial and you need engineering, etc. check comparable and things liek that. we came up with this design a year ago and we sold 10 if you want to talk further please DM me happy to connect. there are some great build to rent conferences. we went vertical not horizontal with it to save on build costs and design to fit on any infill lot. this fits on a 3500 square foot lot. most lots in our area are 30x120 or 30x150. in miami where I live now they are 50x100 or so. but any infill lot we can pretty much get this one on. there are some great build to rent conferences coming up too that if you like this topic I'd recommend attending I'm sure you'd learn a lot.  

I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.

I live in my own primary residence and that is fully paid off. 

Are you able to find investments near where you live now?

Toxic paint et al.Would you want your family living in house remodeled with cheap Chinese s**t?

Ideally we would love to live in my childhood home.

@Marcus Stokescan you start with a live-in flip or house hack instead?