It's a 2300sf two story on 0.3acre corner lot, with medical offices/retirement home across the street.Should I rehab to SFH & sell or to a triplex & hold?

Is there a limit of loans you may hold at any given time?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Wanting to discuss structuring rental property LLC's with holding company (management) LLC.

In one year's time, I'd like to move out, rent both units and create an LLC for the legal structure to hold the property, transfer property to LLC.Is it worth it to register with the IRS as a sole proprietorship in order to gain an EIN for the business bank and credit accounts, or simply create a personal bank account for all rental activity in the meantime and wait till I get an LLC down the line.

Investment Info:Single-family residence buy & hold investment.

Currently run multiple funds that hold a total of almost 4,000 doors of real estate across 9 states.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

If I have to then I go with modular prefab units from lowes.Flooring is LVP all the way, Smartcore from Lowes b/c it is all vinyl so no water problems and seems to hold up better than the cheaper grade LVP.Remember, you are renting out a class B property, not a luxury house - it is unlikely that you will recoup the cost of higher quality finishes.

Hold it for more than 2 years and your capital gains are sheltered up to $500K.