Also, the current system I use for LTR won’t be sustainable as we continue to purchase.  

Thank you Don for continuing to share your experience........

Everyone is suffering because of the damage this company has created and continues to especially those who invested in properties.

Listen to the audiobook “The One Thing” to help prioritize your time and maximize your outcomes.The cash flow may get wiped out but the tenants are still paying off the mortgages and rents will still continue to rise, so it’s not all bad!

@Henry Clark Okay.As i continue to study real estate!

A very good opportunity and it just makes sense to build a new home on this lot since our family continues to grow.

I would tell you to do one of the following:  (i) each spouse form his/her own single member LLC and the two LLCs can own the replacement property as 50/50 co-owners, and you and your spouse would then continue to report ownership of the replacement property on your joint 1040; or (ii) acquire the replacement property in a single member LLC owned 100% by you or your spouse. 

Defaulted SFR loans - 1st position only (this has been our bread and butter over the years and we will continue to play in this space).

Overall, the market continued to slow with the fewest closed sales since 2016.

My biggest question is this: do you think I should continue to rent for now and prioritize tackling loans?