I'm not treating REI as a hobby or a side hustle this is now a full-time job moving forwards for me.If you were just starting like me, keeping my goals in mind, would you take the initial capital and use it as down payments spread out among multiple residential SFH's and/or 2-4 unit MFR's or would you use it all as a down payment on one larger commercial multi-family property?

All this to say that I often find that properties with fewer units tend to appreciate faster than rents, but as you get more units, it is tied more closely to the appreciation rates for multi-unit properties.

That is where most of the multi-families will be and the better likelihood of reaching 2%.

yes also looking in those cities for multi-plexs as well.

Juan Rodriguez everything make sense for the right price, I’m not so familiar with that asset class especially not in Fairview, talk to some local investors, if you got some multi’s I’ll be glad to give you some input.BTW if you want to tag someone just hit the @@@

Further, if you decide to sell that property and reinvest into another investment you don't have to do the 1031 exchange since you are doing so inside of a tax-sheltered vehicle (IRA). 

Put a down payment on a multi-family?  

@Ray Lai my list was filtered to multi family owners in a couple specific zip codes that had owned for over seven years or more years.I have done a very similar mailing with same contents/criteria but used a paid mailer and the results were less than 1% response with 0 deals.

Of course i have not always been that selective but when trying to manage multi-family and deal analysis team with single family activity, the singles have to be well worth the time. 

Is it more cost efficient to claim miles on your own vehicle or purchase one with your business and deduct that way?