Quote from @Rolayne Taylor: We started with one buy and hold in 2019.

Early 2017 investment, assumable, high 3s fixed-rate debt with a 5-7 year expected hold period.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I’m focused on buy-and-hold properties, fix-and-flips, and exploring the BRRRR method.

Again, I believe this would hold true in most urban type markets.Let me know if that helps answer your question or if you have any follow-up questions to this.

I have always imagined getting to the point where I could hold/ run a small community of mountain cabin rentals or a guest house, something along those lines.Thanks,Chad  Yes I meant AirBnb and Mid-term rentals, rent by the room, glamping (although I probably wouldn't go that route), buying commercial RE and running a business (for me that would be a lot of work with a W2 job and buying property locally or leasing out a space is expensive here). 

That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved. 

I wanted someone to hold my hand because I was scared of what I didn't know. 

But you are absolutely demonstrating your intent to hold for productive investment use.

You must have the intent to hold the relinquished property and the replacement property for rental, investment or business use.