So if you have the property for a total of 10 years, moved in at year 8, little value or tax advantage.

In some cases interest paid on the HELOC can be tax deductible if the funds are used for home improvements.Best of luck from Fort Worth! 

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

From a tax implication standpoint, it can be tricky but if done correctly, not a problem.

You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔

DSCR lenders are much more flexible with income requirements and don’t require W-2s or tax returns.I’d be happy to connect and chat more if you’re interested!

Not to mention the tax benefits it allows. 

After five years, you'll earn $120,000 in rent income and $136,000 in appreciation.

If they get married it will help her earn SS benefits, etc etc. 

so I used 1.5% as a property tax number, and I used $200 mo for insurance.