@Brett Coultas if you're a newbie, you want to be careful of an "investor friendly" agent selling you something they truly don't understand:(95+% of agents only know how to handle owner-occupied transactions - you can verify this by asking them calculate ROI for you or Cash-On-Cash!

One week into 2025 and the US housing market is facing considerable new challenges. 

Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.

You can also connect with a realtor that is willing to handle this and future leases for you.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

However, if you hold a 30-year-old depreciated property for 10 years then it's going to be challenging to exit.

I'm enjoy the challenges of finding creative solutions through the numbers and negotiating what can work for both the buyer and seller. 

If the property was misrepresented in the sale documents, there could be grounds for legal recourse, though this might be more challenging after the rehab.In a similar situation, I’ve seen investors focus on maximizing their returns by operating within the legal limits (e.g., as a single-family or duplex) while still exploring long-term solutions with the city.

Here's how to handle your situation for tax purposes based on IRS guidelines:1.

We could handle 50-100k rehab projects if necessary.