This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

And just having thought it out before greatly reduces potential of later hostilities "if". 

You can even use some of the equity from this property to reduce the down payment burden on your next home without "throwing away" the value you've built.

I can carry them forward, but it doesn't reduce my actual gross income.

I started to change my mindset, and figure out ways to work efficiently and reduce work stress. 

A conventional loan under an LLC provides liability protection and easier rental management but requires a higher down payment (20-25%) and stricter lending terms, which can reduce cash-on-cash returns.

To be safe, consider starting with standard percentages or slightly reduced figures until you have reliable data on the property’s performance.

Renovation costs are capitalized and added to the property’s basis, reducing taxable profit (sale price minus adjusted basis and selling expenses).

There are many other angles also you can take to both increase profit, reduce risk, etc.

or you can buy down your rate or pay points to reduce the interest rate as this is a commonly way to reduce your monthly PITIA payment.