Single-family homes and small multifamily properties are popular choices here.It's also a good idea to connect with local real estate groups or online communities for advice and to find good property managers.

I'd agree with Min, turnkey single family for your first investment is a solid way to start.

We are also a licensed property management company focused on long-term rentals from single-family, townhomes, condos, all the way up to 80-unit properties and everything inbetween.

I’m looking to buy my first rental property and would love to buy a single family home and rent it out by the room.

From a sales perspective, if you're married ($500k) or if single ($250k), you'd have a portion of the exclusion (%50) assuming the square footage is the same for each unit (assuming a duplex)The remainder (%50) could be 1031 exchanged into another property tax deferred. 

Mobile homes can either be on their own lot (freehold) like most single family homes or they can be in a mobile home park (you rent the land). 

Instead of using a single color for the entire exterior, consider adding details to the stucco to make a significant difference.

. - one single LLC - easy for administration, but defeats the goal of asset protection.- trusts - deeding each property to a separate land trust each and then the land trusts in turn grant beneficiary to an operating LLC.

Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.

Investment Info:Single-family residence buy & hold investment in Orlando area.Currently under contract for a single family home that we will be utilizing as a short-term rental.