That's not the same as paying cash.According to a different post, your credit card debt costs you $600/month.

Starting with house hacking is a smart move, especially in a higher-cost area.

Option 2: Electrician recommended mini splits - said 2 units should do the trick and would cost around $6-$7k.Heating system 2 is forced hot air oil furnace specifically for the 3rd unit.

The cleaning costs alone were over $9k.

We are looking towards STRs in order to lower our W-2 taxable income via cost seg and bonus depreciation.I believe my line of work qualifies me as a REP, but what I am not clear on is whether I would still need to meet the 'material participation' requirements in our rental business in order for our losses to be non-passive.

Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 

I have been in Milwaukee WI for quite a while as investing in my backyard in NY is cost prohibitive. good luck on your journey!!!! 

We moved to Mexico to lower our monthly cost.

The easiest way to find and connect with wholesalers is either bigger pockets or by googling "sell my house fast in (town name)" although that may cost them a click for google ads.

The overhead to start a company is low, but the cost to scale is high.