But it sounds like you are talking about a life insurance retirement plan (LIRP).

Unless you have a solid plan to turn this around, selling now and cutting your losses might be the best move.

If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs. 

. - $6k/ month is our freedom number from a W2- Buy & Hold MFH is our plan (turnkey with PM in place)- This quad was built in 2024 and we're able to secure a 3.75% 10 year rateHow's this deal looking or would it make more sense to go another route?

I usually invest / work in Birmingham area, but I have been looking at properties in Baldwin County and plan to invest there also.

I would also weigh if you plan on staying in the home you are in now for a long time or move in the next 5 years.

I'm in the market for entity config and tax planning/prep.

I’m planning to move what I have in stock market ($2.5-3Mil) to buy a good realestate.

Planning on living off of the positive income and then eventually on our investment.

They found it out, andI had to go to the planning board and zoning board, hire an engineer and architect to make the fourth unit legal.In my opinion, the realtor should have verified the zoning, and if you used bank financing, it's pretty rare for the bank to miss it as well.You are probably going to have to hire an architect to draw plans and to get it approved as a triplex.I wish you luck.