This method helped me connect with other investors who were looking for different ways to spend their money and were interested in passive income.Being a thought leader gave me a stage that made me look like an expert in investing in real estate.

@Beth Julen  Yes, you can amend your return, but you also have the option to file an automatic change in accounting method using Form 3115, which does not require amending any returns

You can't use a 4' wide hallway as a bedroom, even if it meets all the other requirements.Two means of egress: Occupants need to methods of escaping, typically a doorway and a window.Minimum ceiling height: You need at least 7' of head space.

I'm learning the BRRRS method and want to obtain my first rental property soon. 

One of my good friends and I were talking about different investing methods and decided we would be each others accountability partner.

With the CAP rate method are you saying I COULD expect to pay $484,200 for the MHP?

If there’s another method, please let me know. 

This makes the strategy viable for managing a due-on-sale clause, as it effectively keeps the transaction off the lender's radar, delaying or avoiding the clause's enforcement.While this method can solve the due-on-sale clause issue, it does come with a calculated risk—primarily depending on the trustworthiness of the seller and the specific legal environment.

He had some kind of beef with the SEC over some kind of investment deal or something like that, but he is a legit real estate guru and his methods align with how I got started, minus a rich father in law to help finance things.

ITs a known marketing method and it works obviously.