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304: Rookie Reply: Don't Have 20% Down? Here's How to Fund Your Next Investment
Real Estate Rookie
How to Transition From Small Multifamily Duplex to Five Units or More
Some states have different laws, depending on how many units are within a property or a building. Security deposits have to be held in an escrow account if it has more than six units. If you've rented the unit recently for one price and then charge someone else a lot more, you have to kind of establish that base across the apartment complex. With small multifamily, a lot of people house hack with that with house hacking,. So maybe your house hacking a duplex right now, you get to basically pick your tenant that's living next to you without violating fair housing laws because you live there.
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