BUT, it's an appreciation play. 

This property has been a cashflow play, but ideally my next small multi-family (2-4 units) would be similar to what you are looking for in terms of a higher-priced appreciation play. 

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.
Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were e...

Just be ready for the ride...it’s not always smooth sailing, but if you play it right, those jitters can turn into some seriously sweet returns.And if you do end up jumping on a short-term rental in Tampa Bay, just pick up the phone and let's dig into it.

Get Kiyosaki's CashFlow Game and play with the family.  

Playing around with the deal analyzer on the website, it seems like this would be somewhat unheard of.

.: @Mike HernThanks Mike, I played that card 2 years in a row and this time I can't find another good reason.

Under this idea, you'd need to see if the Health dept has any restrictions for your septic system (which i assume you have) and if the power company would meter the 2nd unit separately. 

LOC's can have negative effects on your future purchasing power if not set up correctly and keeping in mind you can "never" use an LOC as a reserve or asset.It will always be a debt burden and can over inflate your back end debt ratios depending on the W2 income and your liabilities.

The BRRRR strategy is a powerful way to scale your portfolio, especially when you’re working with a limited budget and need to focus on cash flow.