I'm just over the hill in Reno, NV (moved from Marin County) and a lot of parents in the area do the same thing w/ student rentals near UNR.

Short-term is to move into the space by January 2022 (as my lease ends then) and live there for at least 1-2 years.If I get the duplex, I would house-hack until it was my time to move somewhere else and rent both spaces within the duplex.

I'm looking forward to learning from all of you... thanks in advance!

I will probably build on top of that to make it more compatible with what I am trying to accomplish as I move forward.

The examples were very real world and they even provide a lot of excel and word tools for different aspects of the process that I will now use moving forward.They have more that covered specific parts such as project management, development, property management, etc.

What realistically can be achieved if one starts lean and mean, with couple of thousands of dollars to invest in marketing and pick up as things move forward?  

I'm definitely more on the conservative side so I wouldn't move to work on my portfolio full-time until it makes financial sense.

Move all properties to my LLC which I did in early 2024 and keep them there. 

If people are getting free electricity and water, they tend to be a little less frugal :) .Then check on insurance costs for a MFH and add that to your projections.Finally, talk to your contractors and see what requires permits, what their experience has been in getting them to pass inspections, the timeline and the cost.Factor all of these into the decision to move forward or leave as is - maybe advertise it as a 4/1 with a home office with outside access and get more rent that way.One last point - I hope that the addition you mentioned was done with permits and is reflected on the tax rolls because if not, you may open a can of worms you wish you had not.

Trying to convince your buyers that these sub $100k rust belt houses in Detroit, Cleveland, Toledo etc....are better for long term appreciation than one of the most desirable cities on the planet isn't the move.