Understanding your potential gain compared to your potential deductions can help you decide on a strategy.

For newer loans with higher or comparable interest rates, the decision largely depends on personal preference—whether to transfer directly into an LLC or use the land trust strategy.

An existing duplex provides immediate rental income and proven market comparables, reducing risk.

You can leverage the first deal you bought and your experience so far, which is a lot compared to someone starting.

A friend and I created one recently:https://drive.google.com/file/...It was meant to compare costs between different lenders, but you can use it to just see costs from one lender as well.

any suggestions on how I should compare these 2 options?

Quote from @Mark Simpson: Interesting use case for ChatGPT Operator:I asked it to do a market analysis and compare a random Airbnb listing to others in the area.

How do I know the vacancy rate / how long it took to find renters for comparable properties?

It takes a few days for the money to hit my account, but that is a small thing compared to the convenience.

Get an estimate from a GC to get a good idea of what is required.Market Comparables: Check what similar-sized homes with finished basements or additional bedrooms are appraising for in your area.