There's no one right answer and a lot of posters make great points, but I wouldn't rule out the investment property not cash flowing, this is market dependent and if you're taking out a HELOC on your current primary to buy a new primary, you'd only need 5% down, that payment wont be significant.Often best to talk through the numbers - happy to connect if you'd like.

Connect with wholesalers to get off market deals, do value add renovations.

If there are no leases in place, you will have to use rental comps for the same beds/baths in other multifamily units nearby in the last 3-6 months to verify.

Leverage the network and connections you already have to set you up for success. 

Yes Sir- @Ryan Deasy please connect with Erik off line to discuss financing options. 

Lastly, grouping properties in 1 LLC can potentially have unfavorable tax consequences when not selling  “substantially all” of the activity (ie selling only 1 SFH of 10). 

I'd love to hear what decision you are leaning toward or have made in the last 12 months with this question in mind.

I wonder if anyone (neutral) would be willing to help me cross-check my numbers.I am happy to connect to provide details.

And to be honest, the last remodel of the apartment was probably 20 years ago.

Excited to learn and connect with you all!