You have one set of bills but 4 rents coming in.

With the right resources and preparation, you’re set up for success!

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).

A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.

I love that this boiler room clown, Dutch "da loser" Mendenhall, titled his book Money Shackles then used it to put himself on the road to a real set of shackles.

Set clear and consistent application requirements so you can base your decisions on solid facts.

Am I setting myself up for a tax nightmare?

Best neighborhood and best assets are subjective and largely based on the individuals capabilities (balance sheet, skill set, time etc.)

Choose the one that offers the best deal and service, and you'll be set to move forward with the process.

Payouts would have to be set up from the sellers primary Airbnb account and you would want a contract written.