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

I am conflicted on whether to use the 500K on one big property (ideally multi-unit) or buy several smaller properties.

It’s best to have a multi-channelled approach (sms, email, ringless voicemails, and AI voice calling).

I would like to pull out equity from the homes to build either a house on each or an ADU (they are zoned multi-family) depending what makes the most sense on returns and what is feasible.

I am in the same boat of either 1031 exchange or refi some of my small multi's to purchase a larger complex.

Timely because January 31st is the deadline.Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors2024 update: While not directly related to sending 1099-NEC forms to your contractors, you may have seen the panic on social media about every $600 electronic payment reported to the IRS under a new law.

.✔️ You’d rather pay for peace of mind and legal compliance.Final ThoughtsIf you’re house hacking a small multi-unit (like a 2- or 3-flat) and are comfortable being hands-on, self-managing can be a great way to save money and learn the business.

Another thought, with you being in construction, at some point you might want to look at building homes or multi families.

Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements?

In the multi unit buildings I put on lease "Each tenant shares responsibility for removing snow and salting on both walkways and sidewalk infront of property" and I have them initial before we execute lease.