First-time homebuyer-level SFHs are such a sweet spot for liquidity and demand, especially when the market gets tight.Quick question—when you're doing the homework for a potential deal, what's your go-to checklist for deciding if it’s a flip or a hold?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

They close hundreds of loans a month and charge you for any hold up on their end.

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Obviously they need to specialize in real estate rentals, holdings, and LLC. 

I question if they get kick backs or actually hold ownership in this company.

Play the long game and hold onto that equity. 

Do not forget about holding costs.

Hello everyone, I'm under contract for my second buy and hold investment.