Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

Context:I’m seeking advice from those experienced in real estate investing and financial freedom strategies.I recently bought a multi-family property in Newport, RI, using my VA loan for $695K.

I’d like to have 3 single-family homes and the 5-plex paid off by then, which would give me some solid passive income.

She can use that money to get a hotel room or short term rental....or stay with family or friends.

Quote from @David B Graham: Investment Info:Small multi-family (2-4 units) buy & hold investment.

I own 20 acres of land valued at approximately $80,000, and I want to build two short-term rental (STR) units on it.For context, my family already owns two long-term rental (LTR) units in the same general area.

We are wondering what to do next....multi family unit?

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Imagine if you had one single-family home.

A major move, and selling a family home are 2 big life changes.