Im an experienced renovator and fireman. looking into buying my first investment property in my area.

I rent rooms in a house.

No thats incorrect, the 4-plex will have a bit of a higher rate but it wont be much.Anything 1-4 Units is pretty similar in pricing.We look at DSCR on both property types.

Purchased a buildable infill lot for $10,000 in an HOA, with similar lots going for $30,000+.

Jordan I am an agent in a brokerage that specializes in investment properties primarily new build duplexes in Indianapolis.

In my experience, I don’t usually see a huge advantage to renting by the room.

But good chance you could stay in the conventional lane because you can use sched E income after one year.  

Also i have connections with people who are eager to start investing, what's my best strategy to partner with them, since i have experinece, they have cash to put in. thanks !  

However, they've told me their daughter might move in next summer, so I'll likely need to find a new place in about a year.

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