I know that i could buy my next multi family property as a primary residence close by move in, rent half live in the other and than rent where i am now which would cash flow upwards of 1k monthly, or i could buy another multi as strictly an investment property out of state which would be a lot cheaper (taxes and cost of property) and a lot more landlord friendly laws than New York, i guess i’m just undecided on which route i want to take and I’m trying to weigh the pros and cons of each scenario.

Because you are essentially buying into an existing business, the sale of it could generate a disproportionate amount of tax for you given your time in this deal.

I just bought my first STR and hopefully closing in February.

I suspect, in order to reach an ARV of $140k, the rent would need to be close to $1,500.

Did you guys close and everything go smooth?

The only open position they have on their website is a sales position and it seems that for a company of their scale and caliber, they would also be hiring for other positions as well.

I’m close to saving up for a down payment but it’s taking forever!

Most check-ins/out should be close to automatic.With our 12 properties (9 ours and 3 cohosting) we get 1 phone call every 2-3 weeks. 

Find a good realtor, close a deal with them and they will give you their contractor contacts.

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