How is your agent involved in these and where are you finding these deals?

There were some costs involved for demolition, making an application and a survey coming in around $30,000.One of the best parts of this deal was the “return on time”.

Looking forward to connecting with professionals, providing any value I can, and getting involved with this community. 

Just letting you know there are lots of hidden risks involved.

In the case of a family, it always has issues involved.

Cohosting I have never done - it seems like a term that can mean many things to many people.Generally speaking I see in 2024 arbitrage is for people who want to be involved without actually investing, and cohosting for people who want to be involved but do not want to a PM...

@Chris SeveneyWe put tenants into collections without a judgement or involving an attorney.

This could lead to significant tax savings, especially if you're actively involved in the management and operations of your properties.Additionally, starting a property management company would allow you to deduct a wide range of business expenses related to managing your properties, such as office supplies, travel, marketing, and payroll (if you hire help).

Atlanta area "pastors" involved in real estate... that's a whole different story in ethics.

House hacking involves specific tax strategies like depreciation, expense allocation, and potential rental income reporting, especially since you’re in a different state from the property.You cannot just claim the house.