Interest income is interest income, unless you decided to roll some of the current cash into a self directed IRA at which point your interest income would be deferred for a later time and allow your funds to grow tax free.

We have sold (tax free), kept as long term and/or short term rentals as well.

(MTM leases should cost more than yearly leases.)

Feel free to reach out if you have any questions, happy to help!

Ultimately, it’s essential to consult with your lender to understand what’s best for your long-term goals and costs involved.

It’s important to do your due diligence on the specific properties and local market conditions to ensure they meet your investment goals.If you'd like more information on how to finance these types of properties feel free to DM me.

To simplify the scenario I'm envisioning let me put it this way: what does a BRRRR look like when one of the parties contributing to the down payment and rehab costs ultimately ends up being the renter as well?

It may make less cash flow/ per month but in may cases in the long run after PM fees and Repair costs, many times it turns out similar.   

And maybe diversify a little, invest half in a low cost S&P500 fund like VOO and the split the rest across 2 or 3 syndications.

My budget for the first property is $50k ~ $100k total cost (including rehab).