If it's owner occupied, you're fine to close it however you want.Not legal advice: https://hoplerwilms.com/blog/2023/11/20/what-is-the-garn-st-...

Quote from @Alex Zweydoff: For those interested, i recently updated the blog on our website with new relevant information regarding the law.

For example, you may reduce the maintenance and capex to 5% and then discover turnover occurs more often than you had planned.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

As far as appreciation goes remember that in real estate you make your money when you buy not when you sell, as Warren Buffet once said: “Only when the tide goes out do you discover who’s been swimming naked.”

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamA lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

https://www.doorloop.com/blog/transfer-rental-property-from-... is a good resource.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Here are a list of topics to cover in multifamily syndication deal presentation you may find helpful: Multifamily Business Plan 101 (blog post I have published recently)