Hi @Jefferey Eutsay,This deal has potential, but there are a few critical blind spots and questions to address before making an informed decision:Cash Flow: What’s the current and projected NOI (Net Operating Income)?

Today he starts on his second rehab.   3/3 of potential b+ unit in an A- area (pt Loma).  

Key points for buyers to consider: the $65K rehab budget and timeline (45-60 days) are realistic, but transparency on rehab details and potential delays will be important.

Congrats on the potential drafting - that's huge.

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

Take a good look at potential purchase opportunities and run the numbers, then decide about buying, then financing.

Be upfront about what you can offer and any potential limitations.

I think it's the best way to A/B test the potential.

@Catherine Javier If you find the property is more of a liability to you and ultimately decide to sell, the 1031 exchange would probably be the best way to take advantage of using the tax and find something with a greater growth potential.

Single-family homes, however, appeal to investors and homebuyers, giving them broader market demand and more potential for appreciation.The bottom line: When deciding between multi-family and single-family properties, focus on actual net cash flow, not dogma.