There will be multiple markets you can achieve a 7.5% cap rate especially if you're buying with cash.

Investment Info:Large multi-family (5+ units) buy & hold investment in Flagler Beach.

Again, I do not want buying the multi-family home to block me from accessing lending for the second home when I move.- Does anyone see any flaws or can offer some improvements/considerations to the financing strategy of this plan? 

They have assisted us with setting up our LLC's for our Flips and Buy and Holds. 

Are the other properties you're buying in/around Macon? 

He can't 'buy her out' as he does not have that much cash liquid.

John Hickey congrats on buying a cash cow.

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.

Buying a new primary residence has nothing to do with the capital gains exclusion.It is when you go to sell the new house down the line you'll run into a problem.