I’m leaning towards the Fannie Mae route but have no idea the process to transfer it to your LLC later.

There is always an option of getting out though, which I’ve been slowly leaning towards with my portfolio.

You can conveniently blame it on Covid even though most reports show it had very little impact on multifamily, especially through July.

Can I 1031 my mother’s house I just inherited for a convenience store?  

So I'm leaning toward selling the FL house.

Quote from @Chris Watkins: Quote from @Chris Watkins: Quote from @Eric Lee: Hi all,I'm looking to acquire my first rental property and am strongly leaning towards a short-term rental while doing a MTR for off-peak seasons.

They were initially hesitant about Linda Vista but ended up loving the location’s convenience and rental potential.

A safe baseline is 5%–10% for vacancy, with C class properties often leaning toward the higher end due to more transient tenant populations.As for maintenance, the percentages they’re quoting—2% for B class and 7.5% for C class—are on the optimistic side, especially for long-term projections.

Consider why someone would want to live there—proximity to work, schools, or other conveniences—and what amenities you can offer to enhance their experience.Key Amenities: Amenities can set your development apart.

You can also ask the title company to offeer a "lean Fee Sheet" meaning "Cut the fat" and reduce the BS fee's.