Real estate presents opportunities for tax planning which essentially boil down to depreciation/cost recovery.

The S-corp has no funds to acquire this property legitimately.And your rent payments are not a deductible expense for you personally, but they ARE taxable income to your S-corp, and the S-corp taxes are passed down to - guess whom?

But one summer was the race riots and that was pretty wild.. my Grandfather would put me in front of the front seat and cover me with a blanket when we went down town to pick up grandma after she got off.. she worked at Gimbles..   

However, there's an obvious loophole to the claim because if you buy a house for 999K and then the value goes over 1 million then technically you're one of the 90% that just became a millionaire through real estate :) REIT investing is a much less active way of investing into the 11 major real estate sub-sectors, in the US we have 274 listed REITs on the major exchanges of NYSE and NASDAQ, and about 75-80 of them are not equity REITs but rather mortgage REITs, which I like to park cash in when 10yr yields are trending down to give me capital appreciation plus 14-15% dividend yields. check out alreits | Global REIT Researchto do more thorough individual research.

Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?

If you’re not in a rush to tap your equity, holding off until rates come down could save you money in the long run.

Whether it's immediate or down the road.

.🏗️ Building Equity While Others PayWhen your tenant pays rent, they're helping you pay down your mortgage - building your equity.

What seems to be your case - request a capital call to cover debt service for the next year "hoping" rates go down.

I do not have to much cash for a down payment but was thinking of doing a HELOC on one of the rentals to get more cash and go the BRRRR method.