I’m getting ready to make my next move in 2025 and I’m contemplating on staying here and buying a multi family property as an investment out of state (only an hour away) which would be a lot less capital and have a lot more land lord friendly laws or buy another multifamily as a primary residence locally and hack that property I’m single and live alone.

The same goes for an excessive number of small holes, like a single wall with 40 nail holes.

Most companies I’ve found require all tenants to be on a single lease, which doesn’t fit my plan.If anyone has recommendations for a PM company that allows individual room leases, I’d really appreciate it!

@Daniel Baker I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.

I'd strongly recommend against a single family home and only target properties with at least 2 units otherwise it'll be difficult to cashflow in this high interest rate environment unless you plan on using a large amount of liquidity in the purchase.

Quote from @Marcos De la Cruz: Quote from @Drago Stanimirovic: For a single-family rental (SFR) that's free and clear, meaning no mortgage, the acceptable minimum annual cash flow depends on your investment goals, location, and risk tolerance.

You will typically need be at $500k+ purchase points but its usually worth it vs buying lower class areas or single families.

@Trevor McCormick to piggyback off what others have said, determine if you are trying to maximize it as an investment or utilize it as a vacation home you will STR to help cover expenses, as this could dictate which type of property you are looking for. 

The time value of money still favors acceleration, but only if you have a clear path to eventually utilizing these losses.Don't let your tax savings get trapped in passive activity loss limbo.

LVP options around $2-$4 per square foot.Sink & Faucet ($450):Stainless steel, single-bowl sink.