Quote from @Dan Keefe: Hello everyone,I’m a traveling physical therapist but grew up in Maine and am looking to purchase multi families in Biddeford using an FHA and subsequently to house hack in.My question to the Southern Maine community is in regards to the rent data in Biddeford and Saco.

Tenant screening is challenging and you have to have the right process in place to make sure you choose wisely.The main thing as many said, this shows a red flag on the amount.

Meanwhile, a regular 1031 can be less complicated to manage if your main focus is simply deferring gains.Considering how property values and financing rates have shifted these past months.. do you think an OZF might be a better strategic move than a 1031 in your situation?

It's pretty sad, but good luck staying silent on the sidelines until my next post which has no other purpose than to help new investors.

Roku TVs have a built-in guest mode for exactly this purpose. 

•Set up your EIN and operating agreement.2.Set Up Your Business Bank Accounts:•Open 3–5 business bank accounts to give your money purpose:•Income Account: For revenue and deposits.

Look for mixed-use properties with a Main Street vibe or location.

It is chaos and it has been bread purposefully in my humble opinion.

I don't plan on selling; I'm mainly just curious how people make $ in these markets when rental rates are on the decline since COVID.

I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season For tax purposes, the Depreciation Expense (non-cash) will likely generate losses with a cashflow breakeven property.