Not that they don't work or that they are that much more risky, I just don't like "having two masters" on a property.

A quad will cash flow much better than a duplex and that makes it less risky in my opinion.

The risk is far lower, with a better ROI.OR you can consider learning about government contracts and performing lease matching. 

And, because flips are already risky enough I don't want to add more risk.So, again, while the numbers are theoretically true, if you are doing that kind of volume, you are by nature becoming less selective. 

I do have some very limited experience with commercial, but I've found it to be risky when retail vacancies come up, at least in the Bay Area.

This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.

You're relying on LO's judgment which is risky unless you're A paper. 

Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

@Clive SmithI's a risky route.