This is a twin home in Ardmore - which is an amazing area, and I am really enhancing the property. 

Most common scenario I see is "should I sell?"

And plenty of people wholesale mls all the time and get deals it's actually quite common.

Start by being actively involved with your PROPERTY MANAGEMENT duties.  

Hello Frank, I think house hacking a small multifamily property that you buy with a low downpayment is one o the best and lowest risk strategies that you can get started with.

I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).

Congrats on finding a property and a willing seller!

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

The property is zoned as a SFR house and likely in a neighborhood of the same.Was the property not appraised by the bank when you got your mortgage?

The mechanism would allow the property to be re-deeded to all of the LPs as tenants in common.