However, I recently stumbled upon an intriguing concept called PadSplit that allows you to leverage the multifamily concept within a single-family property, ultimately maximizing income potential.

I know they are duplexes everywhere, and I know ultimately depends on your choice of city.

Ultimately think long term and think about what you want to get out of this. 

The post below has a link to it if you’re curious:https://www.biggerpockets.com/topics/693527It was my attempt to model the key financial incentives for REI, which members have mentioned above, like inflation protection, capital appreciation, tax benefits, equity build up, and of course the beauty of refinancing.If you’re familiar with project financing you’ll know as value of real capital appreciates regearing will boost returns quite significantly.

The potential downside is that if say, you have a credit card that you’ve had a long time with a high credit limit and low to no balance, it may be having a significant effect on your credit report, boosting your score.

In order to get out of Freddie Mac's "Limited Multifamily Experience Sponsor" category, you must have ultimate ownership & control of either (i) 3 multifamily properties [1 of which you've owned for at least 2 years], or (ii) 1 multifamily property which you've owned for at least 5 years. 

The only times that I've allowed this was a situation where there was a cleaning or a maintenance issue, which ultimately falls on me.  

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Our ultimate end goal is to create passive income for retirement within 10 years.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.