When you buy determines your short/long term capital gains.The "in-service" date = The point in time when you can start taking depreciation from.

Holding company over separate entities is what I see common with the investors I work with.

Investors continue to succeed here with short term rentals near and around RTP and downtown, or renting by the room on airbnb to young professionals.

I recommend keeping it short for the initial attempt.

If not, it very well might be worth selling.If you want to hold, obviously the big thing you can do is lower the price which we try to do regardless of how we feel about it on a semi-fixed schedule (we'll slow down lower prices if we're getting lots of showings for example).

Buy and hold long term or flip? 

Upstate New York and Florida have both caught my attention, but I’m uncertain which market aligns better with my long-term goal of building a portfolio of multifamily properties, specifically quadruplexes.

I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties. 

Investment Info:Single-family residence buy & hold investment.

Site runs very slow, information is not current and search functions are set in such a way that you have to constantly clear search terms, or change criteria to have it pull what you want - this is especially frustrating in the comps section where - for no reason - you have to open the settings and select "all" for it to pull in comps.