Additionally, do you have any other ideas or strategies that might help achieve his goals without incurring a tax liability?

That’s okay—what’s important is understanding the "why" behind your investment decisions.While your accountant’s suggestion is a great starting point, make sure investing aligns with your own goals and situation—not just because someone else is enthusiastic about a particular strategy.

If you’re open to taking a closer look at Memphis, I’d be happy to run numbers for you on some properties that match your goals.

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

I appreciate any feedback.Regarding Insurance, personally I would never have someone else (A Lawyer) handle the insurance on a Sub 2 deal or any other real estate deal for me, you would be setting yourself up for failure.First of all now you would need to get a POA for the attorney from the seller, that may not be your best move.

Our Goal - buy this property with little money out of pocket.

Quote from @Joseph Hossenlopp: Quote from @Matt Mertz: In addition to cheaper prices through Minoan, they set up a site for your property with affiliate links in it. 

But there are many things that can be done to greatly reduce the chance.For example, many sponsors are audited which provides an additional set of eyes.

The surrounding towns are a popular choice for families looking for a more wholesome setting.

With your additional $100,000, you’d have a nice cushion to renovate or furnish a property like that.It really comes down to how involved you want to be and your long-term goals.