After having done so, the only one I could get a hold of thus far has said he only checks permits for a house that has changed its use.

Short term looks good to pay it off, but a look at the long term tells me…leave it in 401(k)!

@Renzo Roffmann property taxes alone are not a reason to sell.RE investing via rentals is a long-term process.Advise that you wait a bit longer and really work the property before making a hasty decision.Can you also STR the lower unit?

They both helped.In terms of what I would do starting out in business if I were to do it again, I would recommend working for a larger team to learn their sales process and have practice in the field.

However, if it needs that much work you are probably better off going with a hard money loan and then doing a rate & term refi once rehabbed.

Mainly because I can craft the mortgage a little more (no pre-payment penalties, lower down payment, etc.) and eliminate the fees charged by lenders and brokers.One of the benefits of purchasing a listed property is that the broker will normally set the seller's expectations a bit more than you just contacting them off the street.It comes down to what the seller really wants: a certain price, interest, down payment, or term.

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

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

I do believe it will help, giving me access to the MLS and can run comps and have knowledge of the market.Also, will be looking to house hack and buy and holds if I can get all the pieces to fall together.Will be attending meetups to network.Will be searching for my own deals with some local realtors.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.