However, I believe multi family provides the best ROI and is the best way to scale.

Neighborhoods near major employers like the AFB often provide reliable rental demand, which is a great foundation for a long-term hold strategy. 

If I invested 100K today, they are currently providing anywhere from 60 to 72% passive tax deductions due to cost segregation, depreciation, etc. 

Private funding from a relative may provide flexible terms and reduced financial risk, but formal agreements are necessary, and interest paid is deductible for you but taxable for them.Traditional investment property loans offer stability and tax benefits like deductible interest and property taxes but require larger down payments.

RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

They are very nice and can be helpful providing you what you can and cannot build on your property (Set back, height restrictions, front look etc).

Personally, I airbnb half of my house, individual rooms, and stay nearly 100% booked.

Most cost segregation study companies provide the quote for free.

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

Partner Driven provided 100% of the financing, covering the $77,000 purchase price.