Looking to purchase one and struggling with the right calculators to determine the real metrics.

How much of the S8 rent is covered by the program and how much is the tenant's responsibility is dependent on how much money the tenant makes.The housing department has a formula they use to determine the voucher mix.

Using a Roth IRA for multifamily investments offers tax-free growth, but you lose the ability to claim depreciation deductions

Your brother-in-law’s 10% ownership won’t affect your ability to claim this exclusion on your portion.Unfortunately, the option to roll proceeds into another property (like a 1031 exchange) only applies to investment properties, not personal residences.You’re likely eligible for the exclusion, but I recommend confirming with a Tennessee tax professional for any specific state tax issues and to verify your status with overseas residency.Let me know if you need more guidance on this or related financing!

Until now, I had a great credit score, but I'm concerned that my increased debt might affect my ability to obtain a HELOC or a Home Equity Loan.A lender approached me, claiming they could help me secure a HELOC, but the encounter felt coincidental, making me feel vulnerable.

First you need to determine the property's value.

Who in my city should I contact to determine if I can legally convert my property into transitional housing?

I started doing a little research and saw that Doorloop was a highly rated app, and has a ton of features like tenants ability to submit work orders for issues, collect rent with late payments automatically figured in upon payment, talk back and forth with your tenants, send out messages/notices to one or all tenants at once, sync with quickbooks, etc.

Luckily I have the ability to absorb the negative cash flow from my W2 income, and I'm convinced that the area will appreciate in the medium term.Thanks all for your advice, this has been an enlightening thread for me!

However, the Renters' Rights and Stabilization Act of 2024 now caps security deposits in Maryland at one month's rent in most cases, limiting landlords' ability to require higher deposits for higher-risk tenants​.