Initially I wasn't really keen in renting to a family with dogs but since I do not have an option, I am thinking to proceed.

Investment Info:Large multi-family (5+ units) buy & hold investment.

Columbus OH, we work with a Charlotte land developer here on larger sites like 30 acres and up not sure how big but your niche size is great. we do development, licensed general contractor, and build single family and multifamily we have a few new Floorplans every few months and I travel nationally to be an advocate for our market. it's wide open. high absorption potential and only 8 builders who build over 50 houses a year in our market. 

I would not try to flip a single-family home if you are wanting to build a rental portfolio.

I don't have the links to back it up, but I remember reading that a multi family doesn't count as an owner occupied resident that you can STR.

Yes, if you change your single-family home from Short-Term Rental to Long-Term Rental in the second year of ownership, you would need to adjust the depreciation schedule for tax purposes.Recall for residential rental properties, the IRS allows a depreciation period of 27.5 years under the Modified Accelerated Cost Recovery System (MACRS).

I am taking the 90-day challenge and intend on having my first multi-family home soon.

Im from London Ontario.Im from a family of real estate investors, my dad has 10 SFH rentals.Ive flipped 2 houses now, and im looking to step hard into real estate.I have my Mortgage Broker License. 

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

My family will end up using it <14 days out of the year.