Any lessons learned that you can share from the experience that would benefit us? 

Its certainly possible to get into the upper/mid sixes depending on the qualifying factors but can also say that the rate benefit to ARMs right now are very paltry - probably 1/8 or 12.5 bps (only 0.125% lower) at best

Never fear, Dave Meyer is here to demystify one of the most important (and surprisingly easy) steps of your investing journey: deal analysis.Live Workshop: Demystifying Deal Analysis with Dave MeyerDate: May 29, 2024Time: 11am PT | 2pm ETIn this live workshop, you'll walk away understanding:How cash flow, appreciation, amortization, and tax benefits all shape the quality of a good dealWays you can maximize your investment returns BEFORE buying a dealThe key questions you should ask before every investmentWhy MOST properties out there aren't deals—and how to poise yourself to move immediately on those that are Register now to secure your spot!

So transferring properties with existing mortgages into an LLC without selling them to the LLC is a common strategy for most real estate investors seeking to protect personal assets and possibly enjoy certain tax benefits.

Here’s how you can evaluate the investment potential in this area and ensure it aligns with your goals:Local Market Research: Since these are new homes and there isn’t much inventory for 3-bedroom, 2-bathroom properties, you could benefit from a high demand and low supply situation.

It might also benefit you to read up on you local laws regarding section 8.

This provides a steady income stream with minimal risk.Appreciation Potential-The property has appreciated significantly since purchase, and you could continue to benefit from further appreciation in the future.Minimal Hassle-You're already familiar with the property, and since it's paid off, you don't have mortgage payments or associated risks.Cons:Limited Portfolio Growth-Keeping the property means your investment portfolio remains concentrated in one property.

If you're self employed with no w2 employees working more than 500 hours annually other than you and your spouse, you can qualify for a Solo 401k which has benefits the SDIRA does not have. 

A few benefits of a Townhouse vs a SFH is that most Townhomes will be less expensive, and a lot of their HOAs cover the exterior and font landscaping of the home.

I know personally I have benefit with my 90 home project 20 miles south of Downtown PDX..