House-hacking in a multi-family unit is one strategy I wish I had been aware of when I chose to purchase my first property.

The other is a triplex, all units are 2 bed 1 bath. 

The key is understanding your comfort level with managing multiple units right out of the gate.. 

Thank you.Are you buying a SFR or multi unit?

Sure, they may be able to grow to a very moderate size,  add a few units, or trade up to a larger investment, but as for real scalability: NO.Why?  

The property will be cash flowing as soon as the remodel is over and has space for one large extra unit on the lot or two small units on the lot.

No east ,   @Bob Stevens thanks, I have a vacant 2 bedroom unit I'm about to list on the east side.

I’m new to private money lending, so while I understand the concepts in principle, I’m still figuring out how to identify and connect with these investors in practice.To clarify, I’m targeting 6+ unit multifamily properties, and private money is a way to scale my expertise from smaller properties into larger ones.

Ask how many units they manage and how much experience they have.

You will learn the time and effort required of managing such a unit.