It's always best to have  multi-member LLC. 

These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.

My hopes are to purchase my first multi-family rental investment property in Texas.  

Ask your agent to check the buyers track record, portfolio if possible and verifying it with the tax assessor and also ask for proof of funds as a bank statement.

Nostalgia for retail centers and the need for hybrid work environments are sparking opportunities in undervalued assets and multi-use developments.Seller Strategies: Sellers should think creatively to attract buyers.

Or find a property that is under-utilized or has below market rents.Otherwise, you could also do the OPPOSITE of the great advice from @Jonathan Greene and buy a property with multi-bed units or live in the larger unit and rent out the smaller unit - while getting a roommate(s).

You’re basically paying a music teacher that isn’t as good as you. 

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

You have the flexibility to show your own units and manage turnovers, etc.I see a couple of nice multi-family properties in your area for sale.

I was interested in the finance and legal aspects of operating a multi-state buy and flip equity fund.