Thanks, Jeremy, for the long reply!

As long as you keep everything in a separate bank and credit card account, it should be fairly straightforward to track.

However, after meeting with a friend who has real estate experience he mentioned that he predicts in about 12-18 months there will be a downturn of the market and an influx of foreclosures due to the pandemic forebearance.I now feel like our momentum and excitement has come to a screeching halt and I am unsure of whether or not to invest in this market.I understand long term the market works itself out, however, if I bought this multifamily unit on my current income, I cannot afford for the rental market to depreciate as well which is my fear.The mortgage would be about 4K.

Long ago I tried a few of these sites like this and their product is awful.

There are a few exceptions, like those well known/accepted areas like Beverly Hills or Palos Verdes Estates or those areas where every house within a 2 mile radius sells for over $5M.

Purchase price: $300,000 Cash invested: $50,000 Short Term Rental Property in Whittier, NC with long range mountain views.

My thoughts were to do a ground level 3/2 long term rental and use the basement to have a small 1 bedroom midterm rental since it was close to NORTHSIDE Gwinnett

Long term hold.

@Alejandro Bautista this is one of those topics has been debated on here for a really long time.

I know it is a long post, but any help and guidance are much appreciated!