Take it one step at a time and use the forum to help you with the steps.

This allows you to participate from the comfort of your own home while still networking and learning.

There’s so much to learn here, and I’m sure you’ll find it incredibly helpful.

Congratulations to myself on this one.Unto the next one!

Thank you for your insights and help with walking me through this new venture for me.   

A lot of times these threats do not matter much to Contractors, but they may help.

Quote from @Mordecai Ese: I’m 28 and debating whether to withdraw $60K from my Roth 401(k) to help fund a new rental property.

I won’t pretend to be an expert by any means as I have only been at this for 4 years and have 5 properties, but I thought it could be helpful to share actual numbers and different ways to look at them.

The IRS has a guide on rental income and deductions that might help: IRS Rental Property Tax Guide.2.

The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.