Also, I have heard about the benefits of having an LLC set up to manage rental properties but not sure if this is advisable at my stage (e.g., not a lot of properties to manage).

At the same time my wife and I are in the very beginning phases of building my family home.

I am still unclear about everything I read on the tax benefits for getting the cash out refi, and would like to understand that better2.

Hello @Timothy Hilario,I think there are benefits to both strategies.If you move out of your apartment and rent it as a mid-term rental, you could see decent cashflow without pulling equity out of the unit.

What are the benefits of SUB 2 financing a property?

Separately, the benefits and disadvantages of renting to Section 8 is a topic of extended debate on this forum.

Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.

If they get married it will help her earn SS benefits, etc etc. 

I was curious how those of you that work with partners clearly define the roles and benefits within your entity.