That sounds like massive renos (ie new floors, painting...).Yes as you acquire more properties, the chances of having multiple vacancies (no matter how leases are staggered) increases.

There are sometimes fees associated as well but they seem minimal and scale well since one line of credit can purchase multiple assets.Interested if anyone else is using this lending strategy and what your experiences/recommendations are.

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

Try interviewing at least three managers.1.

Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

It would allow you to sell your STR and defer all the taxes to reinvest all the proceeds into another property or multiple properties. 

KateI also know many operators that have saved a ton of time using Avalara to pay taxes on multiple properties.

If you have multiple LLCs, best practice would be having a Plus subscription.  

However, if you have multiple rental properties it might be impossible to claim that you materially participate 500 hours in each property.

if so you will need multiple properties - don't believe all you hear about the cash flow in Detroit.