My family said I was crazy too- being reckless and taking on unnessarry risk.

I have a rental portfolio of 15 properties and a primary residence on a mortgage. 4 of which are in Indiana and plan on selling those this year. 6 single family homes in Pa in the same area and 2 duplexes (2 units each) .

Investment Info:Single-family residence buy & hold investment.

What you say can be done, but multifamily is more complex than single family. 

ground up multifamily and single family in the urban core of columbus is what we are in, land entitlement and development in columbus. 

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

And, we take all of the good holidays for ourselves(memorial day, labor day, 4th, Thanksgiving, Christmas, Fish Rodeo)+  It is a great family vacation area, not like Orange beach with the endless condos, strip malls, etc. 

All I will say is that in my 63 years of being on this earth and seeing how bad divorces are , families fighting over properties , and partners in business at each others throats .

Collecting additional payments from the family beyond that stated in the Tenancy Addendum to the lease (also called “side payments”).2. 

As a side note: my family owns my childhood home that sits on a lot that is zoned for multiple homes.