Asset choice is by far the single biggest factor to long-term success.

Jason basically there are about 3 different types of syndicate deals.Stabilized properties with no upside but regular rental increases.Properties with some income but some upside to fill up.Properties that have a larger value add component with typically more equity growth but not much cash flow the first few years as a pref to investors.There are some investors that want the money TODAY so more of the stabilized properties.

Once you have a larger portfolio and net worth you want to start segmenting them into entities and contain risks. 

Of course there are equity place in larger properties, but this is a good general strategy. 

The larger unit (3 bed) has more of a quick turnover.

Question 2: Could we move into the larger home and rent out the 2nd?

@Rex CelleWhen dealing with larger multifamily and commercial properties, banks will always request a personal financial statement/net worth statement and REO schedule.

I was looking for a larger multi unit but this property came along and we are excited to have closed today :-) 

Am I the only one that finds an irony that having a felony does not have consequence of even affecting your housing choices yet I am suppose to be concerned about the repercussions of this ordinance.

Many investors calculate cap rate on SFRs, duplexes, etc when they are faced with choices where they need to figure out which one is the best.