From there, you can move on to the BRRRR method with single-family homes—buying undervalued properties, rehabbing them, renting them out, and refinancing to pull out your investment for the next deal.

Those who own and rent out single-family homes, duplexes, triplexes, and quadplexes, which buyers could purchase with FHA loans, face capital gains taxes on all profits.

I don't know a single person who regrets starting out with a quad and house hacking.

I currently manage a long term rental and working on a single family home fixer (will probably convert to rental in the future) in Cali.

My name is Max Nelson, I am a Bay Area based Investor with a single Family home in Santa Cruz, CA that is a Short Term/Mid Term Rental and a Duplex in Bend, Oregon.

I purchased a single family to rent out the rooms and it sent my finical plan completely off course because I was not as ready as I previously thought.

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).

$10K seems like a nice, round number...Finally, if you have $250K in cash, I would not put it all into a single property / single dealHope this helps... happy to help further

If you know anything about duplex builders (most seem to be single family only?)

I am particularly interested in turnkey properties and single-family rentals, but I am also open to exploring other options, including duplexes and different investment strategies.