I am assuming if ALL are rented section 8, they all should be already conformed To add value I would suggest to explore subsidizing opportunities, for example, can you turn 3bdrm into 2bdrm and 1bdrm, legalize it and rent section 8? 

I have one that explored private loans, but in general those very expensive.

@Neil PolehnYou can explore a self-directed IRA.  

If you feel over invested in that market, start to explore others.

BP is perfect place to start exploring the real estate. 

Hello Everyone.  New to the forums.   
I'm looking to purchase a multi-family investment property in Phoenix.  I understand it's not a great market for cash flow, but my focus is more on appreciation.  I own a place ...

I could have done it with a hard money loan or exploring other options, but I honestly didn't think of it at the time. 

How does that sound and are there any other options I can explore?

@Kyle WilsonExploring legal liability and the best setup for it is Step 2.Exploring tax benefits is Step 3 (and is totally pointless when your business plan is this unclear).You missed Step 1: figure out what you're trying to accomplish together and why you want to do it together.

Sorry I know this is a lot of information, just looking for some suggestions from others who understand/ have been there/ or might have some other avenues I haven’t explored.