Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

Access to Cash Value: A properly structured permanent life insurance policy (like an IUL or whole life) can build cash value that you can borrow against for property acquisitions, renovations, or even as a safety net during market downturns. 2.

Are you looking to "house hack", which is living in the property (or 1 of the units) for at least a year and then moving out and renting the unit?

But a really good property, for what you can afford, in a good location like Charleston and wait. 

So, we bought the property 2 years ago, based on the valuation of the property considering income from 6 units.The sale deeds (from 2018- 3 sales) I could get from the City and the property tax statements (2023,2024) show that the property is zoned as 411 (apartments).

We don't have a ton of extra income to be saving for our next investment property and 2.

I've got properties in (2) towns currently that are around 10k people in each town.

For context I have a tenant who has been in the property for close to 10 years.

I would reinvest in a another property and use a 1031 exchange to detour taxes.