*I aim for a certain guest experience and keep occupancy lower to minimize wear-and-tear and respect my neighbors.

If the numbers make sense, the plan is to approach the seller and attempt to get a lower price for this "2-story" building which has vacancies, since that's what the owner is selling.

Thanks for the advice, is also personally motivated so lowered the price as much as I could.

Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

It’s a lower risk strategy since you’ll be living in one of the units, and you’ll qualify for low down payment loans.

Quote from @Brad Kremer: Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today.

If you did, you could take advantage of some unique strategies, like renting it out while traveling (as long as it’s for 14 days or less) and having that rental income be completely non-taxable.

It's effective interest is similar to Mezz-debt at current rates but a bit lower.   

Tons of upper and lower new oak cabinets and counter space with custom granite counter tops.

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. .