I’m also not a fan of buying a property that loses money every month, while hoping for appreciation and betting that interest rates will fall.

Meeting that 2 in 5 of the last requirement allows a single owner to shield $250k of appreciation and a married couple to shield $500k.Unless you predict a lot of income from the MTR or you feel that there is a lot of appreciation incoming over the next three years (minus time get the property sold), you may want to consider collecting your $100k (passing GO) and redeploying that money to whatever you feel is its best use. 

There's only 32 available because I selected 3 bedroom single family only in the Cleveland area.

Purchase price: $500,000 Cash invested: $100,000 Buy and hold multi-family property initially house-hacked prior to purchasing the single family in the burbs.

This year all the 1% rule Single family homes that I bought were because of something the seller did not want to do.

My Real Estate agent believes that they can be sold together since it's a single deed... 

Quote from @Nicholas Cavato: Looking for advice from you BP pros out there.I will be purchasing either a single family residence or multi family residence home in the Cleveland, Ohio area no later than January 2025 and intended on purchasing using an FHA loan with an already formed Ohio LLC.

You have saved enough cash to purchase a small 2 bed, 1 bath single-family rental that already has a tenant. 

I think your thesis is sound in general, but I would want a hedge on my bet.

Quote from @Matt Huber: Quote from @Adam Michael Andrews: Quote from @Matt Huber: In 2021 I purchased a couple of single-family rentals.