The primary residence exclusion is $250k per person on title.

they're not magic.are you going to in-person / informal meetups? 

Do you sell / buy real estate in Mexico personally? 

This means, on average, that this person is facing foreclosure or bankruptcy, and has no other reasonable options.

Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.

I am not sure what type of real estate investing you're considering, but it sounds like, with your family and busy job, you won't have a lot of time to be hands-on or personally involved. 

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

It will still be reported on your personal tax return.

More like one person on the HOA is opposed.