I am interested in purchasing or building a multifamily property to househack. 

The property is unique so you would do well with families who also need to WFH so insurance displacement would be ideal.

I am sure you're aware of the FEMA 50% Rule for renovations of properties in certain Flood Zone's, so I won't insult your intelligence by going into it.

You can purchase multiple properties. 

So what you need to look at is what are active flippers paying for properties, and what are they paying to rehab them.

.: unless a lake front, dont bother - the market is oversaturated. open airbnb and see how many available properties there are for the upcoming holidays.  

Hey @Derek Morrison - Do you have any local friends that are property managers or investors who might have a good contact for you?

In my experience, we work closely a family and manage the property they live in.

Yes, I think it's important to invest in properties that can flex with the market.

My primary residence is debt free as is my rental property-- the thought is the rental will supplement the retirement income and I'm not chasing ROI/ COCr / vacancies / etc.Thanks for the welcome!