If it doesn’t make financial sense or feels too risky, there’s no shame in passing on this one.

My thought is my gf and I are both paying separate mortgages at the moment (combined nearly $7,000 between both of our mortgages), so even if my SFH rental isn't a net positive cashflow we'll still be bettering our financial position due to the rental income it can/will produce.  

Custodians do exactly the same thing but with the added regulatory and financial scrutiny noted above.

, but going all in on my self-employed business as a financial therapist means two things: 1.

., 6:24-cv-00336, the Financial Crimes Enforcement Network (FinCEN) has announced that beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act are back in effect, with a new deadline of March 21, 2025 for most companies."

Instead of moving into another single-family home, consider house hacking a duplex or triplex, this allows you to use low down payment loans (FHA, conventional) and offset your mortgage with rental income, accelerating your path to financial freedom.

I have strong financials and will be doing a >50% down payment for a Condo. 

We just had one last week...the "I thought we were past this" meltdown of being 42, financially secure, and doing another live in flip. 

I've been a financial planner for 17+ years and one of the main umbrella theories I've learned is that often times, the simpler things are the better they are. 

They could self manage for several years, using the rental income, until the next phase of their retirement.If they have a decent amount of financial discipline, they may want to get a HELOC now before they build to get the most favorable rate.