I’ve been exploring similar opportunities on the East Coast, where solar development is also picking up.

So in my mind did  matter if you did not cash flow if you were downtown appreciation more than made up for the little bit of negative.

Account Closed, curious, what did you end up going with?

I'm guessing the way to do it would be by opening up an llc, and going through there.

I could also refinance before 2 years is up but closings costs for apartment buildings are expensive right?   

I grew up in Central IL and lived in Saint Louis in my 20s.

At 63 you will have to find ways to speed up the process - partnering, value add and finding extraordinary deals.

Pps  USUALLY you can’t get another primwry home loan for a year anyway  so anything less than a year screws up your next purchase  Good luck. 

Hi Omri, BRRRR is a great investing tool to build up a portfolio.

The other good news is you ca use the rents of the other units as income to qualify so you can essentially qualify for a higher home price.That sets up your next investment property as you move out its now a 2-4 unit with multiple doors bringing in more income.