I am almost overwhelmed when it comes to mapping out that first step and more importantly, the best strategy that fits my long term plan and current bandwidth.

Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

I'm finishing up an ADU garage conversion in Downtown Sac and plan to do medium term rental for travel nurses.

Hi Perry, getting an LLC would be smart if you plan to scale your portfolio.

I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but the repairs can’t wait.  

Ramping up this year but my wife and I ultimately plan to move to Georgia in 2027 (we already have a realtor for the curious). 

Additionally, another neighbor who owns an adjacent parcel has expressed interest in joining the project, contributing their land to the development as well.I believe this could be a great opportunity for all of us, especially as a unique retirement plan for my family and my neighbors.

What is your plan on networking in NYC?

The six month cd isn’t the point my understanding is that I can’t just take out the HELOC, I need to actually use the money for my plan to work and a short term CD seemed safe and reasonable 

Quote from @Patrick OHalleran: Hi David - I used HallCPA for a Consulting engagement (about $5k) and found the tax planning support to be very helpful.