The downsides of a single large building are that it's less liquid and more vulnerable to sudden market changes.That said, I would still go the small-med multifamily every time.

I am looking to purchase a townhome or single family home around 150 to 250k with 20% down payment?

I hear of people transferring their property into their single-member LLC while keeping the note in their own name.

(not so important but if they only require 15% down on a single family home that is usually a good sign that you are working with a flexible lender) Can I change title to my LLC?

The 24 months of residence can fall anywhere within the 5-year period, and it doesn't have to be a single block of time.

How are your single family homes working out so far?

Our licensing "training" does not spend a single minute on how rental income works in the mortgage math, kind of like if you could become a nurse without knowing how to give CPR or something. 

Hello BP, I'm thinking about purchasing a Single Family Home that has a Mother-In-Law apartment in it solely for use as a rental. 

I have done this numerous times with single-family properties, but is it common in larger multi-family properties?

Goal:Get money out of this house without paying capital gains taxes or having to do another 1031 exchange like I did on another house a year ago.Background:-I bought the single family home in mid August 2014.