Hi All,  I have a single family home that has been a long term rental I am weighing thoughts of cashing out vs renting it again as tenants vacate end of this month.  

I’ve also been saving up a large portion of my checks to go towards a future down payment for hopefully a multi-family property to start my house hacking journey.Just wanted to put myself out there but if there was anything you would tell a future real investor what would it be and I’d appreciate any advice given, Thanks. 

@Austin Weber I just finished my DFW Duplex/Quadplex report if curious to see what folks are up to in the 2-4 family market up here!

I know in theory the process of BRRR, Buy & Flip, Buy & Hold, et... but I am very worried about screwing it up and really putting myself and my family in the hole ( I have a wife and a 1 year old son).

I've been searching for residential multi-families in the $1M - $1.3M range to offset my mortgage by renting out other units.

I am looking to put a lease together for a mid-term single family rental in South Philadelphia.If you happen to be an experienced landlord in Philadelphia and have a lease you'd be willing to share and I could use at least as my starting point I'd be super grateful.If not, what things should I make sure are in the lease?

I have additional space on the lot where I think that I could build an additional duplex or maybe two small single family dwellings.

Investment Info:Single-family residence other investment.

I only mention this number because at $150k AGI, the active investor allowance enabling one to deduct $25k in losses from active income disappears, as I understand it.My current portfolio:Condo (purchased in 2021 w/ 5% down)Single Family (purchased in 2022 w/ 5% down)Multi-family primary residence (purchased in 2023 w/ 15% down)Above-garage apartment and detached ADU are rented out.

Hello BP Family,Happy New year everyone.