Quote from @Matthew Posteraro: Me and my wife are planning on starting our investment journey by buying a multi-family home that we would live in as our primary residence.

In the meantime, I'd recommend using the search function and set up keyword alerts to find other questions on land wholesaling, best investment strategies, and any other topics of interest.Excited to hear what you and your son have in the works, all the best!

Investment Info:Large multi-family (5+ units) commercial investment investment.

Too many people are scared of townhouses and condos, but you are protected against a lot of the repairs of single-family or multi-family ownership.

I'm going to purchase my first multi family investment property in Florida. 

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

Just be aware that the city is underdeveloped and you might want to be extra careful when choosing tenants to make sure that you'll be collecting your rent every month. 

I spent over a decade in multi-phasic residential development before leaving the "W2 league" of things.

Then I could review the order of the work they recommend with them with the contractor I choose.

Yes, an insurance company can choose to not underwrite the policy because of the roof condition.