If you pre-plan it right and make 50% of it business related, you can write the trip off as a business trip. 

I want to put in place some incentives for new tenants and want to know if anyone on BiggerPockets has done something similar.Here are a few ideas I have had:First Month Free: Sign a 13-month lease and get your first month freePets: No pet fee for the first 6 months, year, etcRent Discounts: Offer a discounted rent for the first month or two fortenants who sign a pre-lease agreement before a certain date.Waived Fees: Waive application fees, administrative fees, or securitydeposit for tenants who pre-lease.Free Utilities: Offer to cover utilities such as water, electricity,or internet for a certain period for tenants who sign a pre-lease.Upgrade Packages: Provide upgrades or amenities such as free parking,access to a fitness center, or a smart home package for those whopre-lease.Gift Cards or Vouchers: Offer gift cards or vouchers to localbusinesses such as restaurants, cafes, or grocery stores as a signingbonus.Flexible Lease Terms: Offer flexible lease terms, such as shorterlease lengths or the option to renew at the same rate, to incentivizetenants to pre-lease.Refer-a-Friend Program: Encourage current tenants to refer friends orfamily by offering them a reward if their referral signs a pre-leaseagreement.Early Move-In: Allow tenants who pre-lease to move in a few days earlyat no additional cost.Guaranteed Parking: If parking is limited, offer guaranteed parkingspots for tenants who sign a pre-lease agreement.

@Allison Zittritsch whether STR, MTR or LTR, you'll first need to figure out a target purchase price and get pre-approved by a lender.Then you'll need to research where to buy, based upon rents versus purchase prices.We can assist with referrals, PM us.

@Sean Haran- thanks ...if you havent already done this - make sure to get fully pre approved with a lender  in order to make sure you can qualify for the loan amt you think you will need .

We also heard that Encore requires that you hire one of their pre-approved management companies which would not work for us.

Fannie Mae predicts a gradual increase in sales transactions and home listings this year.Indeed, NAR Chief Economist Lawrence Yun notes there are nearly 6 million more jobs compared to pre-COVID highs.

Have you talked to a realtor or a Banker yet to map out some options and get a pre-approval to start looking at numbers and cash available?

Sense of Urgency and unavailability example: Good agents will call to verify a pre-approval.

In that case, you'd show a pre-approval letter from a lender instead of POF.  

@Doug Davis, I concur with the others above, you're going to have a helluva time acquiring an owner-occupied small multifamily, especially if your pre-approval/budget is around $300k-$400k, the main acquisition cost for many investors.