I currently reside in Ohio where I buy SFR rentals and do a couple flips a year.

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

I'm currently looking to either buy a turn key multi-family or BRRRR a multi.

I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.

You can make more through co-living in most markets, but still likely to be better off house hacking 1 / year and then buy out of state with your extra cash.If you want to chat strategy with someone - feel free to PM me or reach out to contact info in my bio!

Whether it’s a mom-and-pop shop or a larger operation, I’m looking for insights into who’s buying and who’s selling.  

It'll take some time but I see Anthem and all around the plant growing significantly over the coming years, small multifam and sfh's may be a good buy up around there.

I wouldn't have any interest in buying something like this to hold since it would be so far negative cash flow wise on a monthly basis.

Publication 15, Employer's Tax Guide, says only this much:...Payments for the services of a child under age 18 who works for their parent in a trade or business aren't subject to social security andMedicare taxes...No definition, and IRS publications are not really law anyway.

I believe he shouldn't have let you buy this building unless you fully knw what you are getting yourself into.