From a tax efficiency aspect, a lien on investment real estate equity is by far superior to 401(k) or an IRA.Paul

Quote from @Mike K.: Quote from @Jonathan Klemm: Hey @Avery Biles - Like @Bruce Woodruff mentioned the answer is...it depends!

Quote from @Remington Lyman: Quote from @Mike K.: Quote from @Jason Allen: I'd buy a multi-family property that cash flows in an appreciating market with a growing economic base, like Columbus, Ohio. 

Did the tenant put too much down the drain and break it (their fault), or am I on the hook as the landlord to replace an old, deficient GD (my problem)? 

This mansion was formerly a formal Bed and Breakfast. it has the legitimate hotel fire protection devices and systems such as stairway lighting, pull down alarms and a full commerciall alarm system which are a bouns $40-50 k system not found in other places.

If you foreclose on a borrower, and don't recoup the full amount owed on the note and mortgage (plus arrears, legal fees, etc), then you can file a deficiency judgement for the remainder.  

etc.Tax advantaged accounts include: 401-k and Roth IRA contributions, no HSA.Looking for a professional with proven success, references to others perhaps bigger pockets members who have successful househack strategies.Thanks!

The deals I usually go after are the ones where the property value is between 50-70k and rehab of 20-30 k, so def under the 100k mark.

You should still be able to write it off there, if not form an LLC and kick off a K-1 to your 1040.

Quote from @Mike K.: Quote from @Carlos Ptriawan: Quote from @V.G Jason: Quote from @Mike K.: Quote from @V.G Jason: Quote from @Jack B.: Quote from @V.G Jason: Quote from @David M.:  Agreed.