We were looking to have a more scaleable impact with our dollars, moving from single family investments to small scale multifamily.

Hey BP community, looking for your thoughts here on this matterWe have a buy & hold, 2-family under contract finally at a price where everything makes sense for us.1 unit is vacant, 1 unit is occupied.We are still waiting to see the current lease agreement (if there is one) for the occupied unit.During our walk-through we took pictures of everything and when my business partner was reviewing the photos he found a picture with a safe, a drug scale, and some other tool apparently used for measuring drugs in the tenants bedroom.We are expecting some trouble getting the existing tenants out but wanted to gather advice to see our options here.Is eviction our only real way out?

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE- check out this article to learn more.4th pillar is somewhat similar - you want to separate your operations from your assets.

If you're looking to scale your RE business this might also be the perfect chance to start building your team of trusted professionals!

Nice,  the only rentals to hold in an IRA are ones you have a very good suspicion of some nice appreciation like this one.. money is made on appreciation  unless you can seriously scale cash flow

If you want to scale quicker, you would likely want property management at some point...even if thats far down the road. 

You're in a great area, we are finishing up another great portfolio refi there right now.Hard money certainly allows investors to scale their businesses faster by leveraging most of the financial burden.

my answer is noEconomies of scale works better as you go bigger, this is why developers are building tons of large unit volume buildings in the area and very few duplex/triplex/quadplex or small complexes.

Your plan and goal would be to scale into multiple deals in the next 5 to 10+yrs.  

It is typically easier to get loans for larger properties as they have scale and areas for dirt value tend to be stronger.There is not much difference between a 4 unit and a 5 unit.