She ended up using a 1031 to exchange into a smaller multifam near Austin that better aligned with her long-term goals.

Whether to start with single-family or multifamily really depends on your goals, resources, and experience.Single-Family Pros: Easier to manage and finance, especially for a first deal.

Just ensure the new property aligns with your financial goals and cash flow expectations.After completing a 1031 exchange, you typically don’t have to wait long to do a cash-out refinance.

My goal is to hold these long term. 

They’ll often have insights into the market and can help you find properties that align with your goals.

Our goal is to keep your maintenance costs low to keep your return on investment high. 

Ultimately, it’s about finding an arrangement that aligns with your goals without compromising your ability to discover the best deals.

Your detailed approach is key to finding opportunities aligned with your goals while navigating regulatory hurdles effectively.This post does not create a CPA-Client relationship.

One piece of advice I often repeat is that the goal of diversification is to reduce or eliminate any single point of failure.  

If they need to reinvest, how does sub to help them accomplish that goal?