BRRR is you buy a home in a neighborhood that needs work, fix it up rent it out, then roll some of your equity gain into the purchase. 

There were no bids to purchase it at auction. 

.: Going to be moving to Chicago next year; looking to purchase a rental property down the line in 1-2 years and just really confused where to go.

We have purchased 8 investment properties over the last 2 years, we strictly rent them out with section 8. 

This is my third year investing with my mini me 12 year old and this is our 5th deal.My 12 year old found us a great deal- I teamed up with my friend and family member agreed to pay purchase and renovations.

I would be thinking about future loans as I plan to do purchase another property soon after.

@Polat Caglayan The majority of investors who become involved in the section 8 program do so because they purchase lousy real estate and leasing the units to section 8 tenants is the best option on the table.

So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. 

I am not sure, but I imagine that you could also help out and lend your credit to this type of purchase.