In that case you might save taxes building with them.

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

I set up tax lien as a keyword alert so I get alerted when someone mentions them.

I really like Lease to own option to get into deals without having to take on massive debt.

Hi Steve, where did you get your property tax estimate from?

@Apryl Skahill To get your risk-averse spouse on board with real estate investing, start by educating him with beginner-friendly resources that highlight the long-term stability, cash flow potential, and tax benefits of real estate, such as depreciation deductions and offsetting W-2 income.

. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.  

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.

The information provided is based on my experience and industry knowledge but should not be considered legal, tax, or financial advice.

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.