There are LOTS of incentives if your project can apply to 80% AMI or less.

@Chiane Martin the biggest challenge to doing Boarding Houses successfully is investing the required extra time.LTR - take the least amount of time, but time required increases as you go from Class A, to B, to C, to D.MTR - take more time than LTRSTR - take more time than MTRBoarding House - can take an insane amount of time to manage!

right exactly spot on here with the DSCR, the biggest downside is putting a higher down % payment, and utilizing more liquid funds that can go towards renovations or other investments.

But back to my point, if the W2 employees of the company are also putting in capital on a regular basis, it builds credibility for the company, as well, since these are likely also people with behind the scenes knowledge of the company, but without the same incentive (or market demand) to invest in the deals, like the partners have.

Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.

Biggest risk is the complaints from neighbors about the noise, although I've heard that there are new paddles that dampen the noise quite a bit? 

I've found that CPAs that focus on a niche area such as real estate rather than offering general services to everyone are typically much more knowledgeable about real estate tax incentives.

. - Hostfully(seems to be most cheap)- Uplisting(seems to be the most professional)- Hospitable(most friendly UI & the only one I currently have experience with)     Biggest con for me is lacking in ai for messaging which they've denied integrations with developers.

The biggest epidemic in the real estate investing world right now for new investors is scaling.

The biggest reason I did this is so I can step in and make the payment if my buyer does not.