Does this sound right?

The market is sliding somewhat (in some areas) so let me know if I can be of assistance and point you in the right direction.

So, if I am planning to use FHA loan to buy multi-family (2-4units), I can only afford duplex at this moment because of high interest rate, right?

I’m wanting to be a little conservative right now.

Quote from @John Mason: First of all  looking at the cashflow nowadays is not going to cut it, maybe look at value add and appreciation until the rates come down Cash flow can be found in the right markets.

This property will cash flow $2,000 month right back into the IRA (tax savings). 

They typically involve two agreements: a lease agreement that outlines the terms of the lease (rent, responsibilities, etc.) and an option agreement that grants the tenant the right (but not the obligation) to purchase the property within a specified period at a predetermined price.Negotiation Power: Lease options can be attractive to tenants who may want to secure a property for their business while potentially benefiting from any appreciation in property value.

We're also diving into the commercial multifamily scene right here in San Antonio.Looking forward to connecting, sharing ideas, and finding ways to work together.Cheers, Gil

California isn't the only State you can invest :) This investment doesn’t meet “The 1% Rule” if you search BP forums (using the magnifying glass feature, top right of your screen) you’ll get a lot of feedback on if this is a good investment or not.

You have to live somewhere  right?