Starting small, like with a duplex, is a good way to get your feet wet and minimize risks.Good luck!

So many people bought with minimal or inaccurate information.

The $80K from the HELOC used for personal debt won’t affect taxes but must be repaid upon sale if tied to the property.To minimize taxes, keep detailed records of your remodel expenses and selling costs to adjust your taxable gain.

Since you are doing new construction I would suggest making them private enough where guest have minimal interaction with each other.

What I love the most is two fold, the interest paid back on the loan goes back to you, the fees to do this are extremely minimal. 

I've asked my clients a similar question and have developed tools for them to minimize this, but I find there are a few different types of clients.Manager managed - these folks have no issues as they simply upload their year end statement from their property manager, their 1098 mortgage statement and any other one-off expenses they may have paid for outside of the management company. 

Our website was just OK, our email campaigns were hit and miss, our conference presence was fairly minimal. 

It turns out he could like airbnbs that needed minimal DIY work.

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

The builder’s risk insurance can also provide coverage for lost rental income or loss because of business interruption.