Investment Info:Small multi-family (2-4 units) buy & hold investment in Zurich.

We own a family cabin in Tennessee - was ~275k or so back in 2018.

Quote from @Lawrence Mitchell: @Jaycee Greene  I'm looking to obtain insight about single family homes and potentially elevate to multi-family properties.

Issues 1) even garage conversion ADUs in single family zoned areas typically cost more to build than the value that they add.  

PM made a couple attempts to collect and then offered to cover the damage because toilet replacements are not that costly and continuing to pursue the damages did not make sense for them.Airbnb is supposed to cover guest damage but if they refuse to pay for guest damage their insurance has reduced value and cannot be relied upon. 

Additionally, timing the sale in a lower-income year or exploring potential deductions could further reduce your tax liability.

@Greg P.With a $750K budget, I recommend focusing on single-family home investments in the Midwest.

Consider starting with a few lower-cost flips with a smaller loan-to-value ratio to reduce financial strain.Market Research: Sacramento can be volatile, so I’d recommend keeping a pulse on local trends—particularly in the neighborhoods that have potential for growth but haven’t quite hit their peak yet.

Investment Info:Single-family residence buy & hold investment in The Villages.

Did you have taxable income that could’ve been reduced utilizing tax strategies?