Bonus depreciation is an incredible tax benefit, but when you take the time to combine it with the right property and sponsor, that will prove to be a wining formula.Disclaimer: I am not a tax advisor or CPA.

This field offers incredible opportunities for growth and learning, and it's great that you're eager to master it.

With interest rates elevated yet property values remaining resilient, finding cash flow with a reasonable down payment is an incredible challenge.

I would like to believe that the property was bought at a discount due to the condition but you never know what motivations people have.

-Ben, aspiring multifamily househackerWhy are you wasting time with time with someone with no motivation to sell?  

Quote from @Samuel Eddinger: @James McGovern - my wife was in attendance and she and I own 20+ properties Curious of the motivation/rationale for your wife to attend the meeting?

Based on the responses to buying a house, mommy daddy down payment $$$, and lack of motivation I wouldn't work with them to buy a house.

You won't really find "deals" on the MLS unless you find a motivated owner that has deliberately priced their property to sell fast.Otherwise, you look at properties on the market for 90+ days and make offers at an amount that makes your ROI work:)Yes, you may have to write 10, 20 or more offers, but write enough and someone will eventually say yes. 

Sometimes, stepping out of your head and focusing on someone else’s journey can be incredibly grounding.

He’s obviously not motivated by friendship, loyalty, reputation, fairness, morals or ethics.