Also, typically they don't sell as fast. 

But the deal just cleared today and i will take over 10 apartments in those two properties :o) thanks to the post herein :o)

I'm all for "let's tax advantage of today's laws" planning.

Had a talk with a close real estate agent today (Manages about a 100+ agent office).

A fast turnaround like that limits your options a bit but he can definitely do it. 

Fast forward to 2013 and my husband and I were looking for a house to buy when we stumbled onto a duplex that we couldn't pass up.

Option 1: invest in multi family housing Pro- semi reliable income- cuts cost on my living expenditures -recession proof (can be argued)Cons- high cost start (for me at least)- first time managingOption 2: Buy land and try to negotiate a development deal Pro-huge reward -can be fast- after deal is done right, I'm hands offCon-very risky especially for intro-no expertise in this field -finding a great deal in hardOption 3: wholesalePro-great return-can be fast-not long term Con-hard to find good deals especially with a full time job -can be a nightmare project-no expertise Please correct me if I have messed up with any of my pros/cons.

I was about to put my first home under contract today went and viewed the place.

Hi Everyone, I was about to put my first home under contract today went and viewed the place.

Single family residential homes/apartments are still going extremely fast.