This is my first rodeo with this type of thing.

I need help with my first multiunit property.

Do this first deal to completion before starting the next one to see if it works out. 

If so, you may be able to buy the land and do the build first and then do the exchange afterwards.

I'd recommend mixing in more commercial to balance out multiple assets, buy a liquor license for a few hundred thousand, etc to make the deal work a little better. columbus hospitality isn't as strong unless you are in the urban core but even then I'd go for a lower risk asset class like multifamily and retail mixed use. hotel is very strong operator but management intensive.

We close on our first house-hack in a couple of weeks and will be renting out the rooms.

There are a couple of programs that do not require you to be a first time buyer.

Best,kelsey  If you decide to pursue DSCR financing, I would first want to make sure if the lender is okay with it being a Mid-Term Rental.

First, the book is excellent for anyone looking to learn more about investing in real estate.

I am currently evaluating a multi-family investment opportunity in Anaheim, CAIs there a local commercial broker or property manager who could tell me what the market cap rate is for C class multifamily buildings 10 to 20 units in that area?