Hi BP Community,I’m a multifamily investor based in NJ, transitioning from smaller multifamily units to 6+ unit properties.

I launched a coaching program aimed at real estate agents who want to transition from traditional transactions to building their own portfolios.

Additionally, transitioning certain activities, such as maintenance and repairs, to be conducted directly through the business entity could strengthen your position for claiming deductions.

Logically we keep telling ourselves, we have the experience to easily make the transition but mentally there's a big difference when dealing with 100's of thousands of dollars on a single fam / duplex and millions of dollars on a 20+ unit property.

Who knows.If you are happy with the return and everything is smooth, that is what really matters IMHO.

Another loan is a residential transition loan (FKA hard money loan) that you could also use.

Hoping it all goes smooth for you!

With your experience and a clear goal to build wealth and transition into multifamily commercial properties, you're on the right path.

You don’t get CA level appreciation in Kansas City.Some areas are high crime so need make sure you understand the neighborhood you are investing in, like any city all locations are not equal.Very car centric city, mass transit is not widely used, people don’t walk, they drive outside of a few very walkable locations in heart of the city. 

In a few years if you want him out you can transition him to another unit.