That will depend on the taxpayer's personal situation.

(No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of situations?

So many "investors" bury themselves in complex, expensive situations to protect themselves from some unknown threat to their non-existent business.Figure out if you have any shooting skills (or even enjoy the game) before spending money on $600 Nikes or an indoor basketball court. 

hey @Andrew Albritton, sorry that's a tough situation.  

This is an ongoing situation and I’m hopeful that with RTR’s help, this story has a positive ending.TLDR:Property not performing as advertised.

In our situation, would that seasoning period begin when we closed on the land in fall 2024?

Hello all,As you guys can see by my status, I am a beginner investor and would like to hear from my experienced investors here on this forum, what would be the best move to make in this situation?

I can't house hack because of the family situation so I can't be approved for regular loans that require you to make the property your primary residence. 

Please advise how best to approach this situation.

Curious for other investor's opinions, and what others might do in this situation.