With multiple units, you’re less exposed to vacancy risk—if one tenant moves out, you still have income from the others.If you’re leaning toward long-term buy-and-hold, multifamily might align better with your strategy.

As an attorney you likely have relationships you can lean on if you want to pursue this avenue. 

If you lean on it too heavy, it may just tell you what you want to believe in the first place.  

It’s that kind of authentcity that makes people lean in a little closer.You’re already thinking about monthly meetups and a coaching program, which is great.

Quote from @Nathan Gesner: Happy to hear you're leaning into a more proactive role - with a single portfolio that large I'd imagine your insight will be appreciated. 

I would lean into a cash out refi.

City Council/County Commissioners officially make all of the deals PC is just a recommendation body of local residents appointed by CC.

How about the simple obvious that the inputs to deliver the service/product have a base-line and market prices have, OBVIOUSLY, been at about as lean of operating profit margins as can be. 

But there's no body of case law indicating that to be a concern.

I’m leaning towards the Fannie Mae route but have no idea the process to transfer it to your LLC later.