My monthly payments (mortgage, insurance, taxes) are roughly $3,600, leaving me netting about $4,600/month.I have four years left until military retirement, after which I’ll have a pension, some disability income, and rental income from this property.

Are you able to use it easily, only with a HELOC.If you lose your tax deductions, then Uncle Sam is happy to take more of your money each year.Good Investing...

Specifically, I’d appreciate:•Wholesale contracts: Recommendations for templates or tips on using contracts effectively with sellers and buyers.

There could be local considerations that are tax and inheritance related.Thanks for the reply Ken.

In some cases interest paid on the HELOC can be tax deductible if the funds are used for home improvements.Best of luck from Fort Worth! 

Major repairs are done, taxes up to date.  

I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.

So if you have the property for a total of 10 years, moved in at year 8, little value or tax advantage.

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔