If you're scaling your rental portfolio, you have to scale your operations as well.Having said that, I have friends who only have single family MTR homes and do extremely well at scale.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

I currently have a duplex in Milwaukee and am living in a single family home that I plan to turn into a SFH rental.

His business is in Birmingham, but he and his family live here.

This applies both to single-family residences and multi-family buildings.Non-residential HVAC systems, such as those in office buildings, warehouses and shopping centers are eligible for bonus depreciation.

Asking me for LLC docs few times over and quoting on a rate sheet that was for single family and not town house.

Hey Jason,I'm a real estate broker specializing in multi family property and also an investor. 

In our world this is referred to as “Family Office Services”.

Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.