This is an old thread and I don't have an opinion on Rent Hero (except that maybe this business name feels a little dated and pigeon holes them)For tracking receipts Real Estate Investors often think they need physical receipts for every single tax deduction.

Currently my goals for 2025:Complete/add six flip projects with a COC return of 20%+Fund two private money lending dealsExplore converting a duplex unit into a MTR if tenant vacatesLove the last one as I think it's the best way to diversify inside a single asset.

Imagine how annoying it would be to manage 100 single-family homes.

@Tj Collins You can 1031 exchange in and out of any state, you can 1031 exchange in and out of any investment real estate - farm land, apartments, commercial, single family investments, new construction etc...The big things are timing on the 45 day window, 3 property rule and closing in a certain amount of time.

We currently have 7 doors 5 properties with a mix of single family homes and duplexes.

Purchase price: $195,000 Cash invested: $54,156 Buy and hold single family home with a 4 Car Garage.

You can exclude gains up to $500k if you're married, $250k if single.

It's because typically people say they want financial freedom but are looking for an easy button where they do minimal work and all this success happens in their life.

The Numbers:We specialize in single-family rental homes in the $160-250k range, with an average price of $170k-$190k.

How would you structure this deal to make it work for a single family home build?