Quote from @Robert Smith: I am interested in possibly doing so.

For comparison purposes, I hold ownership units in a LLC that owns a retail/service center where there is a mortgage loan that initially represented 50% of value, now about 35%.  

Quote from @Dallin Blank: I am new to the DFW RE market.

Not enough capital to start.

You should do all the same level of due diligence you otherwise would to buy the property. 

Of course long term investments are where wealth is built, but need to find ways to quickly obtain them, which involves strategies like fix/flipping.

I have been a podcast listener since 2011 and a forum browser since 2020!

I feel that I don't have enough experience to know if I could do better or worse.

I'll add on to what the other Ben said and mention that there are exceptions based on the # of days that you rent out your home to where the income/expenses are excludable (being lesser of 14 days or 10% of total usage if under 140 personal use days).

Hi Ty, thank you for mentioning real estate attorney, that’s probably what I need to do to figure out how the Garn-St.