Most of  my most successful friends have started out with a multi  unit , say 3 or 4 units and done a rehab on it and living there for 12 months.

New permitted breaker panel.

So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total because of attached granny units and subdividing).  

At the end of 2023, I purchased an empty lot to build a single-family unit, that I plan to live in for at least 1 year (rent or sell in 2025).

New 200 amp breaker panel and new electrical service (all permitted).

You could also try saving up more money for a down payment or living in a property with multiple units and renting out the others.

Purchase price: $299,000 Cash invested: $310,000 28 Unit Self Storage Facility

To be considered a trade or business for the qualified business income deduction, all of these must be true:Your participation in the rental activity must be regular, continuous, and substantial.You conduct the rental activity with the expectation that you'll make a profit.The rental activity is conducted in the United States or Puerto Rico.Rental activities that are considered trades or businesses include:A real estate professional who materially participates in the activityA rental to a commonly owned trade or businessRental activities that aren't considered trades or businesses include:Rentals for less than fair market value (FMV)A lease agreement in which the tenant pays for real estate taxes, insurance, and maintenanceA vacation home that's rented out and also used as a personal home

I know there are pros and cons to selling my primary home to my LLC but my question really goes a little deeper than just tax benefits:I am curious to know if I sell my primary home to my LLC regardless of tax benefits; and then rent it back to myself (through another LLC) … technically I don’t have a primary residence anymore so I could buy a Multifamily or Apartment complex as long as I am willing to live in one of the units correct?

I own quite a few units in Ambridge and know the town like the back of my hand.ARV's aren't super high there though so 20k over appraisal I am likely to say that's not worth pursuing for a multitude of reasons but I can elaborate more knowing the actual details of the property itself.