Quote from @Eric James: I'll continue the strategy I've been using for the last 2-3 years, building small apartment buildings.

I plan to never pay tax on the appreciation with the current tax rules (1031, die with step up basis, etc).Best wishesYou are way off topic.

The current rents are really low because the tenants are responsible for doing any and all repairs on their buildings (which in my opinion contributes to the poor condition of the buildings). 

This applies even to the 100,001st question about LLCs vs Insurance.I recall a rule here prohibiting responses like, "This has been answered many times.

From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.

However, a general rule of thumb is to hold it in the same taxpayer name for at least one year before making any changes.

One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

I’m curious: are others who house hack buying homes they can just barely afford, or are you sticking closer to the ~30% housing rule and using house hacking income as an added bonus?

I am excited to start building my portfolio and learning all I can.

If saving 20% and building direct is worth it to you I'd recommend it.