It is worth mentioning that my journey into real estate commenced without any formal education in the field; rather, I relied predominantly on extensive research and avidly consumed the invaluable insights shared through the Biggerpockets podcast.With each venture, my interest in real estate investment continues to grow, fostering a profound desire to acquire more properties.

My desire is to find some AirBNB properties in my area so friends and family have somewhere to go when they visit, and I can rent them out when family isn't around.

Some of the streets are less desirable because of the slope of the road/sidewalk and all the locals know you can't walk or drive on that street in the winter....something you don't know as a out of town investor.  

Make sure with a blanket mortgage that you're able to sell off a property if you desire.  

Unfortunately, along with individuals in your shoes desire to advance their projects as quickly as possible, the contractors are often eager to get the work started and the combined desires of both parties frequently leads to rash decision making.

I found it on the MLS, it's within our desired location and it's been on the market for almost 50 days.

I am in the learning phase with syndication deals and I am not accredited yet I find these deals very attractive for my desired investing goals.

He purchases a duplex primary home this year and in 1-1.5 years he purchases a nicer larger 2-4 unit, maybe in a more desirable area – that would make sense and generally get approved with primary home financing assuming of course he was going to occupy a unit.The whole strategy he plans to employ requires a “move-up” each new purchase and he already has a SFH which causes a big hurdle in the “move-up” strategy so once again selling that would behoove him.The plan he didn’t mention which is really the only plan that will work in the short term is:Sell current primary homePurchase owner occupied 2-4 unit with 5% downPurchase additional; 2-4 units with 25% down with the remaining proceeds from sale of primaryI am happy to make an introduction to Richard if you would like to discuss further.

They tend to have limited leverage and higher interest compared to other products like HELOAN or DSCR, but if you desire a LOC, I'm sure they're out there.

Anyways 175k for a 4plex is very cheap.... cashflow is strong but when it's so cheap... it might be in a not very desirable neighborhood.