@Pat McQuillan For your out-of-state investment property, you can maximize tax write-offs by deducting mortgage interest, property management fees, maintenance, repairs, travel expenses for property-related business, and landlord insurance premiums.

It’s relatively simple and, while it does cost money, it’s one of the more cost-effective options.

I think I would've jumped in at $9k, but now that it's $20k, I'm sick to my stomach over that sticker price. 

Are there elevated general or tax related cost or complexity to structuring this way, that would make it non feasible for someone just starting? 

Understanding Commercial LoansProperties with 5 or more units typically fall under commercial real estate loans, which have different requirements compared to residential loans.Requirements for a Commercial LoanCreditworthiness: Both your personal and business credit scores will be considered.Down Payment: Typically, 20-30% down payment is required.Debt Service Coverage Ratio (DSCR): Lenders will assess the property's income relative to the debt payments.

I just read 5 books (out of print, published between 1979 and 1986) all related to wealth building thru real estate “trading and exchanging” (not for tax free exchange).These were the most convoluted, confusing, and unfocused real estate books I ever read!

I’m a relatively new investor looking to expand my portfolio in Johnson County, KS.

Also, it will be great to get feedback on relative risk from tornados and floods, for the above cities.

If your timeline is relatively short, it may make sense to just have the lender fund the rehab (typically means better rates, too) There are a lot of different scenarios.

As it relates to getting a broker-dealer license, I briefly thought about it during my research on the topic.