After seven months, I took another leap and purchased a single-family home, which I also converted into a short-term rental.

Currently I have the ability to purchase a single family residence for a price that won't cash flow unless I add an in-law suit of sorts.

Investment Info:Small multi-family (2-4 units) private money loan investment.

Petersburg FL) with the "low income" I'm making (around $4,200 per month) at my job, it's proving difficult to find a multi family property that I can afford with month to month tenants or with 1 vacant unit.

Investment Info:Large multi-family (5+ units) commercial investment investment.

I grew up in South Florida and have spent the last year reviewing the market for a multi family buy so I’ll share some thoughts.  

Since you work out of town you can recruit people to drive around for you give him a piece of the deal or family members can help you for.

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

I (obvious) don't have a background in accounting or taxes.The history of my coming to be the sole shareholder of this s-corp is complex, long and, I have no doubt, filled with tax-planning blunders.In case anyone is still interested, and inclined the help, here it is in as abbreviated form as possible:1967:  5 families bought this property as a summer vacation for them to use collectively1980:  1 of the families sold their share (20% of the property and what is effectively a lifelong lease to one of the 5 cottages). 

If the work is expected to take less than 180 days, the tenant has an option to return.Owner wants to move in or has a family member who wants to move in.