Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.

I can always sell if I change my mind, and hopefully make a few bucks, worst case break even, since I am buying at discounts.With BRRRRR, an often ignored benefit is the security (if done well) of being all in 75-85% of ARV.

Good luck on your journey and I hope you provide the financial security you hope for to your daughters. 

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.

We are now suing them in TX small claims court as the security deposit was not enough to cover the 2 - 3 months rent after they trashed the house. 

You might need legal advice to ensure this process goes as smoothly as possible.

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The tip about ensuring the agents and loan officers are active on here are both prudent and wise. 

So I picked up a few books which includes, "The Book on Investing In Real Estate With No (and Low) Money Down," and "The Book on Rental Property Investing," both by Brandon Turner, which introduced me to the BiggerPockets community.With a decade of experience in property management under my belt, along with my property management certifications and an NC real estate broker’s license (with Broker-In-Charge designation), I’m eager to leverage my background to secure long-term financial stability for my family.