Third unit is a studio/efficiency that I will live in. 

You probably won't get distributions during hold.Syndications are generally tax-efficient, and Michael highlighted several key aspects.

Using an LLC and drafting an operating agreement ensures efficiency, outlines ownership, and resolves disputes.

Neutral colors work well, and energy-efficient upgrades not only attract buyers but can also qualify for tax benefits.

Hands down one of the most efficient ways of learning the ins and outs of real estate investing without taking on to much at once. 

Also consider short term month-month leases on airbnb, renting individual rooms, month to month leases, just to get the cashflow energy flowing again.  

That way we know how much things cost, and which workers are on the ball and efficient.

Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

To streamline the process, I want to ensure applicants qualify before scheduling a viewing.It would be beneficial to implement an AI-based system to consistently and efficiently ask prospective tenants the pre-screening questions I currently ask repeatedly.

Which is more cost effective/efficient.