Consult a CPA to ensure compliance with tax regulations and explore strategies that align with your goals, such as providing for your mom while managing tax implications effectively.This post does not create a CPA-Client relationship.

Educate yourself with resources like The House Hacking Strategy and practice analyzing deals using tools like BiggerPockets calculators.

You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation. 

In the end my portfolio is very small compared to most, so focusing on this strategy has worked for me, but might not work for everyone.

Quote from @Gregory Schwartz: I have 2 very close friends who grew well beyond 2 rentals with this strategy. 

It has built trust and now I invest in my SDIRA in real estate and he invest in stocks but the airbnbs is one of the many real estate strategies and happens to the one he could get behind.

Hello,I'm looking for advice on my offer strategy for a house on the market I want to purchase.

Hey Jacob, congrats on the house hack that's an awesome strategy in any market but specifically in Peoria and Maricopa County right now it's a great option. 

You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.

This deal aligns with my strategy of adding value and achieving robust returns.