Remember bank debt is generally the cheapest input in the capital stack, so take advantage to the extent you can. 

Maybe you can pitch in for the third advantage if you read about it or have personal experience with Alabama.B) Arizona Pros = Alabama Cons:B.1) Bailout By A Greater Fool in some counties.In some Arizona counties, if you buy sight unseen a tax lien on a house that looks decent on Zillow, Google & Cie, then, when you go see the house, you find a burned down pile of carbon sitting a very low value lot, you can simply not subtax.

Some people want them just because of the percieved environmental advantages. 

The opportunity cost (i.e. investing the initial costs + the savings from renting each month, into an index fund) seems to be substantial even with the tax advantages of owning a home.

This is because those who househacked actually pulled the trigger and started to gain experience while those looking for strictly an investment were too focused on numbers and returns to get their hand and feet wet.You can put little money down and take advantage of favorable rates. its a no brainer IMO 

In this blog post, we’ll break down what the ATI exemption is, how it works, and how you can take advantage of it to save money on your property taxes.What is the ATI Exemption?

The live-in flip model naturally slows the pace of acquisitions, so I’m balancing that with a parallel strategy: generating cash flow from an ATM business to fund BRRRR investments, which will later transition into Build-to-Rent.On the tax side, I’ve been considering 1031s, cost segregation, and STR tax advantages to optimize write-offs.

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes. 3) On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.

Having that knowledge will give you a huge advantage over other Investors....

I fear that someone might try to take advantage of my time and use that fee, though typically minimal as a way to keep them conscious of time.