Hi Ali, welcome to the community! 

I don't want to lose that market!

When you research a market, does anyone strictly use reventure.app or propstream, or is it still important to visit websites that show things like population growth, crime rate, unemployment rate, etc.

I have a friend who has 50 such doors in this market.

@Lisa H. why does paying "fair market value" matter?

I'm 37 years old and brand new to real estate investing.My goal is cash-flow from a multi-family via house hacking for my first property.My goal is to do my first deal on a 4-plez by March 6th, 2025.I live in Tampa, FL which seems to be a good market to start for my goals.Thank you for having me here!! 

@Jake Hughes A 1031 exchange is a great way to indefinitely defer all of the capital gains taxes, and gain access to that tax to use over time for your own benefit.

When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)

I want to keep the commercial zoning up front and parcel those off.

@Yixin Huang when it comes to accessing the property and maintenance, you want to DOCUMENT EVERYTHING!