They don't take enough information into consideration.

I'm betting that you can meet any sensible financial independence goal with considerably less hassle, less risk, and far fewer units, especially if they are higher quality units.

As for the destabilization, I agree as well, but what I see is buying power as the key consideration.

Rising appreciation on the way coming from an influx of population, job/economy growth in these coming years and is one of the best cash flowing cities and median price to rent cities you can invest in.

The labor market works on supply and demand , you get rid of cheap labor and wages rise .

What are the tax/legal considerations of the LLC purchasing a house and my wife and I renting it from the LLC?

I know WA is a little tough for cash-flow, so you wouldn't want to house-hack into something that won't even cash flow (now or later if you end up renting out your unit).For more general considerations based on your initial question--buy a house for yourself or an investment property--check out-https://www.biggerpockets.com/renewsblog/2014/01/1...But even if an investment property, you'd still want to double-check all of the numbers.

FYI my current situation is:ME - FICO 665 middle score / $45k/yr income / $200/mo DEBTWIFE - FICO 650 score / $0 income / -$625/mo DEBTBROTHER - NO FICO - currently building / $30K income / $0 DEBTavailable max Down Payment $7,000PRO's Willing to purchase duplex / tri / fourplex in : riverside / rialto / pomona / ontario / san bernadino (no orange/red Crime map)price range : $180k - $450KREQUESTS: need atleast one unit to be 3 br *looking for value add* as well, After hearing the hundreds of first step methods, im finding it a bit hard to narrow down my search criteria. 2nd question is: After stating our current situation, what other strategies, loan programs or methods to begin our first Multi-Family buy and hold purchase would our current financial situation warrant reaping the most profit and least risk among this interest rising CA desert property market?

The risk rises the more people do it as most residents don't want to share walls with vacationers, college kids of spring break, etc.

Looking for some smart ideas on getting this done automated perhaps and implementing the system in my business.Thank you in advance for your consideration!