Hold it for forever, refinance as required to tap into equity and continue to grow our little portfolio.

You'll do this for everything in the home that requires replacement: interior paint (4 years), flooring (12 years if you use 12 mil LVP), roof (20 years), hot water heater (10 years), oven, washer, dryer, garbage disposal, microwave and so on. 

@Lucy YenA calculated strategy to creating wealth and cash flow is required in real estate investing.

Those make you better cash-flow but it requires a bigger initial investment because you renovate upfront and furnish it.               

**Not Accepted for Loans**: Lenders typically require a full appraisal, not just a BOV/BPO, when approving commercial mortgages or other loans secured by the property[4].3.

For instance, you would be able to obtain a loan at less than 10% down, while a rental purchase would require at least 20% down.The down side to moving into a home is that you would not get to have LLC vesting.

Better priced multifamily will require renovations.

The Seattle City Council voted to pass two bills Monday, each aimed at adding more protection and assistance for residents who face rent hikes.The first bill requires Seattle landlords to give tenants at least 180 days’ notice of any rent increases, triple the current number of days required.

Once you sign you may be required to pay even if it’s worthless, or they’re not the only seller. 

It is required to accept an assignment.