Remember that once you purchase the property you are paying debt service, property taxes, etc. before you are even shovel ready, and during.  

Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price. 

Purchase price: $135,000 Cash invested: $81,000 New resort in Punta Cana area.

Purchase price: $50,000 Cash invested: $40,000 Sale price: $47,500 Cute investment property and handyman project in a small town in Arkansas.

I have found several with two entrances / split levels and a common laundry space such that I could rent 2-3 BR to another family or 2-3 professionals and earn $1500-2000/mo on a $200-250k purchase while living cheaply in the other 1000 SF of the house and having limited forced interaction with the roommates/tenants. 

So, you have to determine the value in forming a new LLC when you do a new purchase.

We are purchasing land in OBX and have a great builder lined up to build us what should be a tremendous rental property.

I am not a fan of selling anything once it has been purchased and stabilized- but that’s just me. 

What purchase price range is the property? 

Hoping for some advice here.I purchased my first 2 unit Oct 22 and currently occupy the 1st unit duplex as my primary home.