There are plenty of investment opportunities in the Detroit area as well which have the potential to offer immediate value, so I would weigh your options with care. 

Great question - 20% down is the typical down payment for investment properties, regardless if it's a single family, duplex, tri or quad.We have a 15% down option for the same type of loan.

Here’s what you need to consider:1.Related-Party Restrictions•The IRS generally doesn’t allow 1031 exchanges when both the sale and purchase involve related parties, unless both properties are held for at least two years after the exchange.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

If you ever need insights on financing options for rental properties, including DSCR loans to scale your portfolio, I’d be happy to help.

Needless to say, as you mentioned, that is no longer the case with current market conditions.I'm biased, but I recommend exploring and considering the option of vacating both units and renovating both sides for PadSplit.

To be more specific about the unique investment options we make available like buying homes with 5% down, or possibly 0% down, buying homes with up to 10% cash back, 10% immediate equity on new construction, rates in the low 4s, etc.

I have done my research on setting up the proper entity structure in the US and Canada but I really confused about all the options available LP, LLP, C-corp, S-corp.

@Bien Nguyen I'd be happy to discuss options with you in the Murrells Inlet (Garden City Beach) area. 

Also, I've always wondered why arbitragers don't negotiate an option to buy upfront?