With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.

Even if you primarily rely on finding your own deals off market, it never hurts to have a reliable agent on your team as an additional lead source.

That's an ADDITIONAL capitol investment made. 

In addition to interest and repairs, you can deduct off a 27 year depreciation on the home. 

My biggest concern is managing additional units and tenants.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.

@Kleyn LopezI have referrals in the San Diego area if you are in need of additional CPA recommendations.

However, they can sometimes be higher due to the additional risk taken on by the lender.With a hard money loan, you typically make interest-only payments during the loan term.No, you wouldn't owe any more interest beyond what has already accrued if you finish the project in 3 months and pay off the hard money loan earlyIt's great that you're exploring different strategies for your real estate investments!

I was interested in something like owning a rental property as a way to generate some additional income.