I am new to real estate investing and have recently acquired my first investment property, a SFR in Austin, TX.

Long story short, I went from 7 residential rentals to acquiring 4 commercial assets for my fund within the past 14 months since joining his group.Conclusion/Advice1) It really depends on the goals you have and identifying what you feel like is holding you back from your dream outcome.

Many Multi-Family properties acquired in 20/21, are down 25-35% due to rise in interest rates in 22-23, often wiping out much of the equity, so property unlikely to be sold in next few years, may be hard to find a buyer just now for units, but good luck.

Oregon STR's are a limited asset class and likely to be more difficult to acquire during the next 2-5-10 years. - Comparative Affordability: The Oregon Coast still offers a lot of value in comparison to other coastal states, particularly neighboring California & Washington.

@Leslie Cunningham it will take a lot of work and/or a decent amount of time to acquire enough rentals to allow you financial freedom to travel.But if you don't start...you'll never get there:)

I acquired them not for investing, but they ended up as investments due to some life changes.

However, there is a workaround: if you can structure the transaction such that you acquire 100% of the membership interests in the LLC, it can be treated as a direct purchase of the underlying real estate by you.

Helped me acquire doors big time! 

This includes declaring rental income received and deducting applicable expenses such as maintenance, property taxes, and mortgage interest related to the rented portion.Once Cousin B acquires 50% ownership, they will begin reporting 50% of the rental income and associated expenses for the portion they now co-own.

Usually mortgage investors do not prefer first time investors looking to acquire multiple units, but there are exceptions.