@Sabina HasanGet an attorney asapEven if this person you are partnering with is a family member - their attorney works for them and not youYou will need to get a copy of all the documents from operating agreement and ppm or other documents being put together and have your attorney review them.

- Do any of you have an str in a multi family, what are the regulations on that?

I would also consider expanding your wholesaling beyond single family residential and look towards multifamily 2 - 4 units or even 5 + units.  

BTW, your post about single family vs. multi-family is as amateur as it gets. 

Even if US gets a much-needed recession to finally break the inflation, that doesn't mean residential/multi-family will suffer, as there are still long-standing supply constraints which will take years to address.

I mean, I know a family member is involved but a HML would lend you 70%-75% of the ARV.  

Investment Info:Single-family residence other investment.

Highway 74 is one of the more exciting developments, and as someone with Family in the northern outskirts of Winston-Salem I must say it's a great improvement in local infrastructure. 74's goal is to effectively create a beltway that circumvents inner city traffic and links to the highways that people are frequently trying to get to.

(A multi-family, if you can afford it, achieves the same goal.)My two cents at least.

I have bought a couple of single family houses in the past as rentals, but I would like to learn more about buying either an apartment complex or possibly buying multiple single family units.