Raising capital takes building relationships and growing your network.

Unless the borrower is self employed and takes a lot of expenses to show lower income on their returns then it usually makes sense to pay a couple thousand a year in higher interest (you can pay like 4,000 a year in additional interest for DSCR if you are saving 30+k on your tax bill kind of math lol)

Building my buyers list for $10k "condemned/burn out" VALUE ADD Homes in Southwestern Michigan (5 minutes to Lake Michigan/90 minutes to Chicago).

Hi @Ken Almira - once you have narrowed your market, make sure you build a team from the start so you'll get the best education in that particular area.

Love that you’re thinking long-term and thinking about leveraging house hacking to speed things up—a great strategy for building wealth and replacing W-2 income.I would imagine that cash flow is tighter in Salt Lake City, but don’t let the 1% rule discourage you—it’s more of a guideline than a hard rule.

Find a mentor you know, that you don't have to pay and build a good team around you. 

Building strong relationships and continually learning will set you up for success.

This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at  a bustling downtown area.

You might consider: Consulting a Real Estate Attorney – Your emails may possibly prove misrepresentation.Requesting Public Records – A FOIA request might reveal why the city denied you but later approved the duplex.Escalating to City Officials – Bringing this to local officials could expose inconsistencies.Exploring Tax Write-Offs – A CPA might help offset your financial loss, if it is possible.I’d definitely seek legal advice.

According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?