Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

But if you have to jump through hoops or spend a significant amount of money to put it in might not be worth it. 

However, if the 401k has business income, it will be subject to UBIT.An IRA is not subject to capital gain taxes because it is a tax-deferred retirement plan.

I also think every property is unique and needs their own plan.

Ramping up this year but my wife and I ultimately plan to move to Georgia in 2027 (we already have a realtor for the curious). 

If your client is planning to use a loan to purchase the portfolio, they should be aware that many lenders include prepayment penalties or restrictions when properties in a portfolio are sold off individually.

Class C stay indoors, don't answer the door for solicitors, and don't spend a lot of time with neighbors. 

You can attend all the REIAs and read all the books and sign up for all the conferences, and spend all the money, and you are will never really know you can do it until you do.Over 20 years in real estate in various forms and roles, action will beat out intelligence or education or even network 100% of the time.  

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

You could easily spend a lot of capital to start with something else but doing the house hack gets you started and your feet wet.