Make it clear that the other areas are common areas.

A lot of mistakes can be made if you do not talk to the right people and use preventive maintenance to avoid problems.Multifamily rentals are a great way to use the more doors more cash flow method.

I've noticed in my area that houses that have been converted into 2 units tend to sit on the market for much longer and sell for much less than traditional single family houses with similar sqft and finishes.

.: @Manuel A Zuaznabarcan you start with a house hackI can but currently multi families in my area run  in the 700-800,000 range so numbers are tight and heavily reliant on the tenants.

If you're investing in a solid area, your tenants should take great care of them.

Here are a few points to consider:Piercing the Corporate Veil: If you don't maintain clear separations between LLCs, there's a risk of "piercing the corporate veil," where courts may hold the holding company (and potentially you personally) liable for an LLC's debts or legal issues.

I'm guessing you also have checked for the ARV and what houses in the area are selling for to help determine if it's worthwhile.

They apparently provide mentorship for all aspects of your business and Real Estate and Rentals is one of the areas mentioned as a potential business.

Hello, does anyone have any recommendations for trusted contracting companies in the Miami area?

That $200/mo today might very well become $600/mo down the road, and then $1,000/mo...But back to our limbo area.