You miss out on all the tax advantages of real estate doing your investing in an IRA.Leveraging the cash value of a maximum over-funded policy allows you to put your money to work in two places at one time.

There are advantages and disadvantages to all 3 for you the borrower.

At the end of the day, I do feel for people that were truly taken advantage of.  

With your boyfriend working for a builder/investor, you might have access to some insider opportunities.Working with your boyfriend’s expertise and connections is a huge advantage, especially for managing upgrades and potentially cutting costs on labor or materials.The $45K Home: Keeping the inherited property with the $45k balance as-is until Year 3 is a wise decision.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Instead of depreciating everything over 27.5 years, a cost seg study can help you take advantage of shorter depreciation schedules for certain assets, which can save you a lot on taxes upfront.

Make sure your credit is also in the 700's or higher to take advantage of better pricing.

The best tools to take advantage of as a new member are the keyword alerts and local meetups.They help you find the right discussions and connect, in real time, with like-minded folks in your market.All the best to you!

@Sean KirkBuying a turnkey home can have some advantages especially when you can't monitor the property and the contractors working on it.

The advantage of my "day" job is i have a lot of spare time sitting around hotels with little to nothing to do.