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You’ll build your cash flow and learn the ins and outs of property management, which will be invaluable as you move into multifamily investing later.Living in a Multifamily Property: If you’re committed to the multifamily route, consider purchasing a small multifamily property (like a duplex or triplex) where you can live in one unit.

Or maybe we should go ahead and commit to pay down the house, our mortgage is $1100. 

Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.

Is it a term commitment or are you just employed with a company until you choose to leave or move on?

Decide how much time, effort, dedication you want to commit to your real estate endeavor.  

I believe in the power of networking and collaboration, which is why I am eager to connect with fellow members here on BiggerPockets.In addition to my work in real estate, I am committed to continuous learning and professional development.

And then once I make a commitment its on them to bring the deals in..

Perhaps PREIT would've been better served waiting for some tenant commitments before branding the mall the Fashion District.

>That the DU is not by any means a commitment or guaranty 3.