I help investors optimize their financial strategy by implementing the Infinite Banking Concept (IBC), finding the best insurance for their properties and cars, and connecting them with legal experts for living trust creation.

If the only MFH options you're finding are in areas you're not comfortable with, it might be worth focusing on a duplex in a better neighborhood.Saving up for a larger property later is a valid approach too, but keep in mind that real estate tends to appreciate over time, and waiting might make it harder to enter the market later.

I recently moved to the DFW area and want to get involved in real estate in the near future (looking to buy a property in the next 6 months to a year).

But I'll keep you in mind if I come across any residential properties in your area.

Owning rental properties, including STRs, does not allow you to fund SEP IRAs.

Yep, off water, but with nearby water access and view seems to be the same ROI considering the cost of the property. 

Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

With no renovations required, we leveraged market demand to quickly resell the property the same day for $85,000.

Quote from @Landon Sheveland: Hello,My wife and I, are attempting to purchase our first property.

Us: We want to buy the property, fix up the (3) apartments not occupied by her parents to generate rental income.QuestionsMy thoughts are to work out a deal where we purchase the property from her parents without taking a loan from bank.