Talk to an attorney to access your risk. 

This increases profitability, lowers expense. 

(Data USA)Affordability: The cost of living in Lincolnton is about 7% lower than the national average, with housing costs being particularly affordable at 31% below the national average .

Covington is a hot bed of people who want the lower taxes and still have the access to the city across the bridge! 

Flipping and holding multis can be a strong combo for both cash flow and long-term wealth, definitely a solid strategy there.I’m based in Dallas but invest in markets like Toledo and Detroit, where entry prices are lower and returns are strong.

If you want solid cash flow and scale fast, I'd look into turnkey long-term SFH rentals in Midwest markets such as Ohio, Michigan, and Indiana, as they have lower prices, strong rents, and landlord-friendly laws.

If so, what’s driving it for you—lower risk, faster turn times, or buyer demand?

If data keeps cooling, expect mortgage rates to keep trending lower—good news for your buyers on the fence.💼 Jobless Claims Show Labor Market StrainInitial unemployment claims dropped to 218,000, the second straight decline after hitting a four-year high.

Here’s how I’d think about it:Relative Homestead route:You get the tax perks: homestead status usually means lower property taxes, plus you can still deduct mortgage interest.It’s simpler paperwork-wise — no leases, no rental registration, no landlord compliance hoops.Friends kicking in “help with expenses” is more like cost-sharing than formal rental income.Official Rental route:You’d be treating it as a true investment property.

The more expensive the lower the returns.