Floating rate loans may help cash flow early in deal, but put a lot of risk into deals. 

A LOC would help.

I have a 401k, IRA, and pension in place to help me achieve retirement quicker, however I definitely feel the squeeze on a daily basis and always feel like I'm living paycheck to paycheck.

Suppose you're always on the lookout for ways to help your clients grow their investments and add value to properties.

This ensures compliance and may help with future tax benefits.Kansas: File a resident return, including the Missouri loss, which can offset other income in Kansas.Even though no Missouri tax is due, reporting the loss properly in both states is essential.

If you will be financing this purchase, I recommend starting with a prequalification as they will really help you focus on what markets will serve your budget best.

Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.

Connecting with an insurance company may be helpful in placing long term tenants in a fully furnished home.  

This approach can help you scale your portfolio while minimizing taxes.Key Tax Considerations:Tax-Free Profits – Each sale qualifies for capital gains exclusion if you meet the 2-year rule.Watch for Depreciation Recapture – If you rent it out before selling, any depreciation you claimed will be taxed at a maximum of 25% for Section 1250 property.Choose Properties Wisely – Focus on homes where renovations bring real value—avoid over-improving beyond the neighborhood.1031 Exchange Option – If you decide to hold a property instead of selling, a 1031 exchange can defer capital gains taxes.California Taxes Still Apply – Unlike federal law, California may still tax a portion of your gains.Potential Risks:Market Fluctuations – You may need to hold longer if the market shifts.Renovation Costs in LA – Budget carefully, as construction expenses can be high.

Having this hands-on experience with real-world properties helps refine and enhance our software.Important Note: This is not a commercial off-the-shelf software program—it's an internal tool we use for streamlining our deal evaluation.