If you're looking to build a solid, long-term portfolio, Memphis is definitely worth considering!

It's a 4 bedroom 4 bathroom house in a Auburn AL which is definitely a college town (though I do not refer to it as a student rental).

I will definitely look into that.

Definitely requires professional advice from someone familiar with your state tax laws.GROUP 4: Tax strategies specific to December of 2021Roth conversion.

Besides we're hospitality people, not selling property or leasing it long term, and somewhere along the line a few states got their definitions very very mixed up!     

Especially if seller just received a windfall from the sale it is definitely worth suing for damages.

I think the freedom of not paying your primary mortgage would be a huge stress relief and allow you to deploy cash quicker in the future and feel safer taking risks when you know your own living situation is covered.On the rental side, I know the magic ingredient in real estate is time and the sooner you get properties, the sooner they appreciate and are paid off by tenants and 5+ rentals 20-30 years from now would definitely be worth more than the one primary.Would love anyone's thoughts on how you would go about this situation!

@Jackson Harris as long as your definition of MF is duplex, triplex or quads AND your willing to live in some of the tougher (or at least, less desirable) neighborhoods AND you have patience your plan can work.

Definitely not, IMO, Been there and its a waste of time and money and risk unless you have dedicated plan to take advantage of having it.

Try and get some equity and then figure out funding options for property #2 (which I definitely want to do).I question why you are looking at this property at all.