At 23, your unfair advantage is time that is not constrained by collecting commitments of a family.

My suggestion if your goal is to free up some equity to use for another purchase - start small with the single family home with a cash out refinance.

I’m looking to network with people that help asset manage multi family apartment complexes.My business partner and I have grown to almost 300 units.

Housing mix will change; more condos and co-ops and multi-family apartment buildings.

I have experience in single family fix and flip, 1-4 family rentals, small apartments (10-30 unit), 100+ unit apartments, development, commercial retail, industrial and office.

A traditional single-family rental may net you only $280/month, whereas a co-living setup can bring in over $1,100/month from the same property.4.

I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family.

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

@Jennie Berger The RS-3 Zone allows for Single-Family residences & 2-Flats as "Permitted Uses"; however, the RS-3 Zone still requires 2,500 sq.ft. of lot area per unit (i.e. 5,000 sq.ft. for a 2-flat) unless the lot meets the exception for the characteristic of the block as previously mentioned by Nicolas; then it can be reduced to 1,500 sq.ft. per unit in order to construct a 2-flat.

Recently, my mother has indicated her wish to sell the family property where I grew up in Isabela, Puerto Rico.