My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House. 

I'm from Leesburg and have apartments in Montgomery. 

The convenience and luxury of living alone is worth it to some for the benefits.

Most of the bad noise right now is about downtown skyscrapers and REIT or Syndication apartment complexes where they played short term versus long term interest rates wrong.  

Would it be easier to do a career change outside of real estate and then be a part time agent on the side?

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

Apartments are the least ideal living situation for us, so what if we got stuck in a multifamily property we intended to just be in for a short time.

we just managed to get ong to run all new lines and separate meters for our whole apartment complex at no cost to us. 

For the first time in years I’ve noticed many of the larger apartment complexes even offering the first month free to fill vacant units, so it’s clear that demand is down.

Quote from @Angus Brooks: Hey All-  I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance.