My brother and I (who both have history of doing multiple live-in flips over the years) recently consulted with an attorney, started an LLC, purchased the BP state-specific forms, and have purchased one single-family rental thus far and are closing on a second singe family property that will be a flip later this month.

I.e. a single family to a multi family.

It looks like in Baltimore county, you can't rent out an ADU unless it's to family members. 

What’s the avg cap rate for 1-4 unit multi family near ASU Tempe.

We have several different "types" of properties to include traditional single family rentals, one multifamily rental, lease to buy options with tenants who hope to buy from us, two short term rentals, and some agricultural farm land that is cash rent. 

For example, a 10% return (or reward) can be worth the risk if you are investing in a Class A single-family rental in a great market with an A+ tenant, but not worth the risk at all if betting on a 16-seed to make it to the Final Four in March Madness.Investors in mortgage bonds utilize the risk-and-reward framework when allocating how to invest capital.

It's important to choose that one and commit to using it.

He lost a bunch of money because he overpaid for a duplex but can now only rent it as a single family.

I would prefer not to have to commit to an agent at this time, so an individual who has great real estate experience but is not a realtor is preferred.

Had a Family member in a similar situation