I suspect it will be well used and have high maintenance costs.Software: office of google office, asana, possibly quickbooks (i would normally not suggest for a single rental, but the rent by room compounds things).  

@Jordan Moorhead I know of many single-asset syndications as well as funds that pay distributions but have negative operational cash flow.

I am single and 42 and doing this all on my own... no one in my family has any experience in the investing side of things, so I am truly starting from scratch.As of April 2025, I will be moving to the Charlotte area (along with my two pups) and putting a renter in my Austin house. 

Some of it has to do with the same sorts of challenges you see with smaller sized businesses in general - mom & pop shops aren't always keeping the best financial records or doing their taxes the correct way.That’s what I figured, thanks again ! 

How are guests responding to the multiple units on a single lot or is it a larger piece of land?

This is a single private sewer line that runs down the middle of the houses, and each house connect to it.

Hi Brad,It looks like you had lots of great answers already, but I wanted to chime in with my two cents.Using Traditional IRA funds for a down payment on a single-family home (SFH) investment property can be tricky because the IRS has specific rules regarding retirement accounts and real estate investments.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

You could also consider CoLiving/Rent By The Room(RBTR)/Single Room Occupancy(SRO)/Padsplit.

Obviously I can start pitching every person I come across, but my goal with this post is to be as efficient and particular as possible with who I contact.Context: This is for a single family flip in the San Diego market.