For investments, you'll likely want a conventional loan for commercial properties.

- Who will manage it?

In other words, I think we will probably have to be on the hunt for a very good deal or a very distressed property, and will not be investing in million-dollar multifamily properties... yet!

Rentrange uses data from large property management companies just like mine.

@Cameron NordinA cost segregation study accelerates depreciation by classifying certain building components as personal property or land improvements, allowing them to be depreciated over shorter recovery periods (e.g., 5, 7, or 15 years instead of 27.5 or 39 years).By accelerating depreciation, cost segregation lowers your tax basis more quickly than standard straight-line depreciation.

I am a resident of Virginia and purchased a rental property in West Virginia during 2024. 

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Multifamily properties (2-4 units) can be a great way to build your portfolio while minimizing risk—especially with FHA or conventional low-down-payment options.Also, networking is huge.

@Craig JonesSuper cool property!!

Property managers don’t pay for problems.