Materials have increased more than 20% in the last 5-8 years.

Many have an unfavorable outlook on the 5+ unit market for the next 2 years or so, while there are a few who are still hungry and actively funding deals in the space.  

Let me tell you about Florida—it has been tricky to hit the 1% rule here for the past 2 years, but things are looking up.

Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

For the property I'm considering, I think another year or so would allow me to qualify for a conventional.Yes!

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

There have been complaints filed by multiple parties. having been a broker for many decades and owning 3 brokerages over the years.. at least out this way when complaints come into the DRE and they are numerous they will most certainly send an investigator to this companies office and request the books.

I'm looking to do a third house hack/BRRRR in the next 2 years.

We love Duluth and the north shore and hope to "retire" there in the next handful of years.       

My rental property is in another state which has no renewal filings or fees after the first year.