Quote from @Patricio Acosta: First comment I would say is do not buy something because it feels good.

Do that for six months before you think about buying so you meet other people who are doing what you want to do.

Now that house has been rented out for the past two years, and I want to buy another possible duplex or triplex to house hack.

Jimmy  - Thank you for the input, definitely buy and hold.

I am looking for advise on how to structure a deal that involves my fiancé and I buying her parents 4-Plex house.

My suggestion, buy what you know around you, do add risk by buying OOS when you are in a great location.

And buy your next primary residence. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

I definitely want to buy more properties.