Destin is a great spot for house hacking—tourism is strong, so renting out part of your property could help with the mortgage.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

I would only ever consider this if the ceilings are already falling down or damaged.  2.

Howdy,I haven't decided if we are gonna manage the property or hire a local area property manager yet.

There are down payment programs for duplexes, i have not searched or tried to do a 3-4 unit property. 

Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.

However, I could not find any listings on multi-unit residential properties on the platform.  

You’d probably end up with a bigger after tax gain if you sold the 2nd property for any amount of money and did that.

Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.

Edgemere, Queens, New York (post-Superstorm Sandy): Similar to the New Orleans example, this program offered residents in high-risk coastal areas newly built, elevated homes on safer ground in exchange for their damaged properties. 4.