When you have 4 units in one building each year you bump rents up $100 the building now brings in $4800 net higher this adds up fast over time and with single families the ratios are very different.Stocks can be nice and I keep some money in VTI but it is very slow gains compared to my real estate holdings, you are right in how stress free it is.

Conventional wisdom would have said with rates so high (comparatively speaking to where they were) demand and prices would have lessened in more places and more quickly but in many places prices have held steady even as inventory creeps up.

Comparables in the area all over $1M.

If you want to email me directly, great.I can also discuss management fees but that is a very big topic because professional management companies can provide different levels of service (we are just rolling a new one out right now) so the management fee (and other fees) can be different even in the same company let alone compared to another management company.Let me know how I can help you further.

The housing authority also has to approve the monthly rent for the area, this can be constricting if you are leading on comparable market rents when looking to increase rents on renewal.

I'm curious to learn more about the experiences and outcomes of using this approach compared to short-term and long-term rentals.I’d love to understand which strategy might work best for me.

One intangible factor is that we'd really like to live in a new area, so if numbers end up being comparable, we'd end up looking out of state for the duplex to rent half of.

(But it wasn't apples to apples.)I looked at AirDNA's data recently and don't disagree with their broad picture but again, people here know that the details and other factors can tell a different story and bring success for some in the same area (comparables) and loss for others.I'm all about reducing risk and my read on climate data and global economies (& yes, politics) incline me toward continued investment in properties that have multiple channels of revenue, above a certain latitude, and more upscale.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

If so and I was to create LLC after buying my third or fourth property, is the cost of transfer to LLC at a later date really that expensive compared to the maintaining of LLC on just one property for few years?