Sometimes tenants bite, sometimes they don’t, but it’s worth a shot.Owner Move-In: If you’re planning to live in one of the units, you might be able to legally take it back.

.- Managing Multiple Projects Simultaneously: Handling numerous properties at different renovation stages requires effective project tracking, milestone-based contractor payments, and solid contingency plans to navigate potential delays.- Technology & Automation: Utilizing project management software, such as Buildertrend or Monday.com, enables real-time tracking of budgets, schedules, and contractor communications.

Also, be careful with your lease terms: we specify all tenants, including minors, and state "No Others" specifically.

I and my spouse are planning on buying a small multifamily and house hack.

The game plan would be to keep this structure for 1-2 years with future full sale.

We have a development coming up for approval with the county adding over 100 units bordering our small town and you can bet everyone that lives in our town is upset about it. in the end though, the planning commissions in our area tend to follow the letter of the law so to speak, so if there is nothing in ordinance barring it, they will approve, generally.

After the new home is built, I plan to sell our primary house.

I want to have a game plan in action prior to reaching out to lenders. 

I’m planning to do this for 3 multifamily properties all located in MA, each ranging from 2 to 4 units.

Their entire business plan is wait a few days to come out, charge  deductible, go back to the office to order a part or two that will come in a day or two.