Most sellers are going to want 20-25% down as it’s going to cost them 10% to sell.

We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!

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!!!! 

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.

i'm just making numbers up, but if your rent on a property is $1000 and your all-in cost is $1500, and you're negative $500 a month forever, that doesn't make sense, even if you can afford to cover the $500 with cash from another income source.i also agree with not using up all your cash, but that just means you might need to wait and save up more cash. 

.- Expected renovation costs $1MM.

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

Despite higher interest rate environment, there's reasonable probability inflation will still continue - thus increase hard asset valuation.

To offset costs, I’m planning to buy a duplex and pursue a house-hacking strategy:1.Rent out one unit as a long-term rental.2.Live in the other unit and rent out the bedrooms as short-term rentals (STRs) through a furnished rental approach.Before diving in, I have a couple of questions:1.Can I use a property for both short-term and long-term rentals?