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).

Investment Info:Large multi-family (5+ units) commercial investment investment.

Since you work out of town you can recruit people to drive around for you give him a piece of the deal or family members can help you for.

I grew up in South Florida and have spent the last year reviewing the market for a multi family buy so I’ll share some thoughts.  

Investment Info:Small multi-family (2-4 units) buy & hold investment in Springfield.

Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.

I have a tenant that keeps the front door to my 3 family investment property open all the time.

I (obvious) don't have a background in accounting or taxes.The history of my coming to be the sole shareholder of this s-corp is complex, long and, I have no doubt, filled with tax-planning blunders.In case anyone is still interested, and inclined the help, here it is in as abbreviated form as possible:1967:  5 families bought this property as a summer vacation for them to use collectively1980:  1 of the families sold their share (20% of the property and what is effectively a lifelong lease to one of the 5 cottages). 

If the work is expected to take less than 180 days, the tenant has an option to return.Owner wants to move in or has a family member who wants to move in. 

(assuming you don't have a contract, Its unlikely) Make the notice in form of text message, and I suggest you add an family member to the group Text.