Rick H.have saved up to go in the note business ?

Some title/ certificate of occupancy issues can cost $10,000’s-6 figures to resolve.

Save for some unusual complications, you seemingly met all the conditions for your tax benefits.Now, to traps and gotchas.Trap 1.

I didn't have a good team in place, and I had to go save the investment every so often.

I understand this is part of the learning curve, and once I can have the PM "release" me, I might consider it and save 3k/yr!

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

@Rick Soto,Both options have their pros, but here’s a way to think about it given your plan to move in 5 years:Option 1 (10% DP, 2-1 Buydown): This gives you lower payments for the first two years and saves you cash flow short-term.

Since flips are typically treated as dealer properties, profits are taxed as ordinary income.Please make sure your entire structure is properly analyzed for you to save most amount of taxes.

Hi I'm Benjamin,I have a few issues I need to resolve. 

Time saving in property acquisition, building improvements, purchasing living units, etc.3.