Focus on building a network of contractors for repairs, set clear boundaries for house hacking, and take advantage of tax benefits.

These properties can often be acquired through creative financing methods like:Seller Financing: Negotiate flexible terms with motivated sellers who want to avoid traditional bank processes.Lease Options/Subject-To Financing: Take over a seller’s mortgage without assuming full responsibility, especially for properties needing renovation.Creative Terms: Adjust terms to fit market conditions, like offering lower down payments or longer payoff periods.Staying connected with investors and tailoring deals to current conditions can help you secure opportunities even in challenging markets.

The stodgy that most of the investors that I work with use is to make sure that every 1-2 years they look at their portfolio and capture the equity to help grow their wealth.As a benefit for the investors that I work with we have partnered with a company that we met at BPCON that looks at this exact thing.

Umbrella insurance is crazy cheap for the benefit, and it already requires you max out your liability on your other covered items.

The preliminary analysis can have lots of data, so it's important that the provider thoroughly review it with you to explain what depreciation tax deductions Cost Seg study provides and what depreciation benefit you would get w/o Cost Seg.

“A QOF is an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in QOZ property.”What are the benefits of buying property in an opportunity zone?

You will get some cash flow, appreciation, and tax benefits along the way.

As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.

You are much better of preparing for the worst case scenario and adjusting your strategy accordingly.  

Brick v.s siding and covered v.s no converted parking also make a large difference and are items that have to be adjusted for.