There may be tax implications to that maneuver, so check with a CPA.

This is a great place to learn and to connect with people so take advantage of all the great resources.

For multifamily properties, this is often around 40-50%, but it can vary depending on the property's condition, location, and age.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

These clauses are contained, in all Promissory Notes nowadays.Many Realtors and/ or Mortgage Brokers will not tell you this information.

You didn’t pull the plug when you found out it was 20% more than expected?

Feel free to reach out, my team has experience lending as well

Live in it and rent out the other units. 

That is what got me to this post.

This is really going to depend on the state you are looking to do business in.