I have successfully defended multiple clients in this situation.Once again: Don is claiming his deduction correctly, and I am breaking the rules.

I started my professional career in medical device sales and still do that full-time.

If everyone I had cash flowed 1k a month while I still had a mortgage, I consider it a major success because so many are not hitting that.

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

This is the “over night” success that’s taken 20 years.2 - Superior uncommon knowledge, combined with experience and capital and a willingness to take a risk (speculate).  

For all I know you could be one of the first people to invest out of country, with no experience, in class c assets, at 100% leverage and be highly successful. 

Wishing you tons of success as you get started!

I 100% endorse adding in the escrows for taxes and insurance to set the buyer/borrower up for success. 

Quote from @Jordan Ryan: Joe Fairless - Best Ever Apartment Syndication Book, A-Z with everything you could possibly think of about starting and running a successful syndication.  

Best Success!