Undoing the mess via amendments, etc… always tends to be laborious and more expensive then getting these right the first time.Why are  CPAs seemingly not always in the room when GPs and their attorneys build out their RE Funds? 

@Seo Hui Han,You certainly can 1031 exchange from your current commercial into a multifamily; no technical issues there.To speak generally, multifamily properties tend to have more stable cash flow but lower income potentials than commercial.

We are here to help each other grow.Get as much knowledge and experience as possible and find a mentor.Join real estate investment clubs.Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

They tend to be in less desirable areas or attract lower quality tenants. 

)  - 60K in cash for downpayment +more for renovations- Strong local connections with contractors of all trades - Ability to get building materials at cost through family/business connections- Have a strong eye for style and design (Tends to lean on the high end of things as that is my business)  - 750+ Credit.

That makes each decision more difficult and tends to change your lens from RE investor to "giving my family a good deal." 

Because of this, they tend not to appreciate as much and are a little harder to sell.So, if you are looking for growth, I would focus on SF. 

The issue with using comps on any type of software, especially propstream or dealmachine is that they tend to use an "estimated value" of the homes that they are using for comps, not actually comparing to what has sold recently in the area or what is currently listed, not accounting for DOM (day on market) or other market shifts that play into realistic valuation of a property.

The numbers tend to work out more favorably there, which can simplify hitting your investment targets.On the other hand, if you're leaning more towards appreciation and forced equity, Portland could be beneficial, especially with strategies like house hacking.

If we are just helping the owner with finding a tenant than we enter into a 6 month agreement as the owners tend to be a little more difficult and picky with tenant selection.