I lived in an owner-occupied building with 2 total units. 

Your listing for a new property sets the stage for building momentum and positive reviews, put your best foot forward with the actual furniture and decor.

This is common in larger communities especially in the southeast where there are HOA’s for your neighborhood but they are part of a larger planned community that has a community hoa - those could include a community pool or buildings etc

These tools streamline your analysis and improve your due diligence.Finally, build relationships with sellers, property managers, and agents.

Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

The alternative would be to buy a lot and build a new 4,500 sq ft home.

My ultimate goal is to buy and hold multi-family apartment complexes.

Hey @Jerome Nunez - I have had good luck with Cozy that is now apartments(.)com

But planning said as soon as I build an ADU on it, all units on the property are deemed 30 days minimum, not just the ADU.And so being, I believe turning them into condos would allow me to STR one.

We paid for some FB Marketing for leasing up units in our apartment.