Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.

Challenges?

If you get dealt that character card, your primary challenge is that you need to replace a lot of income to get out of the rat race.

The email was short and challenged us by implying we were looking for investing planning and not tax planning.

Good Lord, given what he’s accomplished with his challenges (not just Quest, but also being a very good man), what in the heck is our excuse for doing less?

Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption  Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?

Challenges?

This is a big challenge in the MTR space.

As we kick off 2025, the real estate market is continuing to evolve, presenting both opportunities and challenges for investors.

Challenges include depreciation in market value (i.e., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.