My goals are to start building an investment portfolio of professionally managed (I could tell you all the reasons I will not do it myself) multi-family properties and, in time, develop a property in the Northwoods (Wisconsin/UP).

Quote from @Teslim Salami: Investment Info:Small multi-family (2-4 units) other investment.

Sharing this idea in case others can comment on it.Hi @Joaquin Camarasa, hope everything is fine.Investing with a vehicle like a Spanish SL (equivalent of an LLC in the US) would be interesting to research as from that moment it doesn't matter if you are a US citizen or living still in the US.

I am primarily targeting multi-family in the Allentown and Easton PA area. 

Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.

I mention this because there aren't as many multi family homes on the market in PHX as you'd think. 

Investment Info:Small multi-family (2-4 units) buy & hold investment. 3 unit apartment complex What made you interested in investing in this type of deal?

Multi-story CBD office buildings in downtown urban areas are the product that is struggling.When you say temporary, infrequent use, are you speaking about leasing smaller Executive Offices or running a business similar to WeWork?

If you are open to value add strategy, small multis have potential for not only traditional forced appreciation but also the ability to see major rent increases.  

For example, if your driveway only fits two cars, you need to know if tenants plan to bring several vehicles, as this could lead to parking violations and HOA fines.Don’t forget to screen pets, too!