We will do multiple cheaper studies in this case, or bulk them all together into one.

Should I do an 1031 exchange to get a multiple property like duplex?

When multiple cornerstone employers start tightening at the same time, it’s usually less about any single company and more about the system adjusting.And this morning added more confirmation.

I'm approaching this with a long-term mindset and plan to invest nationally, so building strong relationships with agents, lenders, and property managers in multiple markets is part of my strategy.Currently I'm analyzing where the best markets are.  

Was primarily thinking LTR but the STR is interesting, particularly with the option to convert to LTR, having multiple strategies.  

If you meet the 2/5 ownership/use test, you can still take the primary residence exclusion and any excess gain can be deferred using a 1031 exchange.

Boom multiple income streams. 

I'd echo the HELOC > DSCR recommendation, especially with a 1.7 DSCR - that gives you solid cushion for rate fluctuations and vacancy.One thing worth stress testing though: the $100k purchase with $1800-2000 rent is a strong rent-to-price ratio (1.8-2%), which is excellent.

Small multifamily usually beats a SFH because multiple units help cover the mortgage, while extra bedrooms typically boost rent more than extra bathrooms (within reason).That’s why many beginners gravitate to Midwest markets, lower entry prices, solid rental demand, and a much better chance to break even or cash flow while you build experience and equity.

The 100-hour test is one of seven material participation tests - you may be able to pass one of the others, although test #1 (500 hours) and test #3 (100 hours) are most preferred.