Current plan: working W-2 job around 140-160k/year.

we don't plan to sell the 2nd lot, at least not as soon   there were costs involved in buying the lot as well - where would they go?

If the tenants are willing to discuss a payment plan or move-out arrangement, consider exploring these options to reach a mutually acceptable resolution.6. 

I have started to develop my plan and know I want to House Hack a small multifamily property as my first investment.

.💫 My plan is to invest into a duplex or a single family house with existing ADU.🏠 I got interested in real estate investing after listening to financial independence podcasts a few years ago. 

Hey Stephanie, that sounds like a great plan, and I can absolutely relate!

I think I am looking for someone to do taxes and give tax advice but I am 52 with a great job and would like some advice for investing / retirement planning. 

Due to the current high interest rates and prices, many investors are choosing to increase their down payment to ensure a positive cash flow even in the not so "nice" areas and plan to refinance in the future.

My intention is to establish positive communication with the current tenant while respecting their existing lease agreement, with no plans of requesting them to vacate.I would greatly appreciate any insights, suggestions, or advice you might have regarding reaching out to the tenant, drafting a letter, and managing this transition smoothly.Thank you in advance for your assistance.Best regards,

The plan is to owner occupy a unit and rent the other unit.