Avoiding errors and being educated on the laws can save time, money, and potential legal challenges.

Had we scheduled the closing in the morning, there would not have been an issue.The only potential upside is that a disaster area declaration triggers changes in mortgage rules that could beneficial to the buyer. 

@Emily ShinHouse hacking a multi-family property is an excellent way to start investing in real estate, especially in a market like Columbus, Ohio, which offers affordability and growth potential.

- Regardless of sale now or a 1031 sale in future years, I would like to take the equity into new real estate opportunities. 

This does not mean actively acquiring but rather considering valuation, market demand and rents, and potential ROI. 

Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.

Cash flow can be great if you manage it well and keep occupancy rates high, but factor in the added costs of management, cleaning, and potential vacancy dips.

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

In terms of other factors, I'm not sure there's a lot because I did have some people express interest in filling out an application before, and I actually got really close with one potential tenant, but it was because of the alcohol policy that he ultimately decided to back out.

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases.