I’ve been in a similar situation, and I think the idea of buying in lower-cost areas to renovate and rent out is a great play.

Financing - since the upfront repair work might require additional cash out of hand,  what are some creative financing ideas.

*Development plans for expanded Hoffman Town Center*Although specific tenants have not been named yet due to the development being in the earlier design and planning stages, the vision as described by Hoffman Co. is a commercial and residential mixed-use development including a new public school, storage center, city agency training, a farmer's market, festival space, beer garden, and "other similar uses approved by the city".Sources:Developer laying groundwork to go bigger in Alexandria’s Eisenhower corridorAlexandria considering big plans for properties next to Eisenhower Avenue Metro stationPotomac Yards Alexandria: The 2$ Billion Sports Arena is not the Biggest Development in the Pipeline for Potomac YardsThe Sports Arena was a recent idea that was part of a bigger plan approved in 2017, that called for a massive shopping center at Potomac Yards and the surrounding area to be redeveloped into 1.9 million square feet of office space, 1.1 million square feet of residential space, 900,000 square feet of retail, 300 room hotel, and 9.3 acres of open space by JPG Smith.

Do you have an idea of the total tax credits?

I'm personally looking to start the exact same way as you with a multifamily house hack.It's great that you already have an idea of how much $ you qualify for so that you know what locations to start looking in.

She just loves the idea of owning real estate. 

I could be wrong, no idea of the market there. 

If you're not sure what the fuss is all about, read this older post first:https://www.biggerpockets.com/forums/51/topics/1122635-the-s...Today, we're discussing a very specific question related to STRs: Can you buy an STR in December and still catch all the tax benefits of the so-called STR loophole?

When talking to property managers, ask questions regarding any guarantees they offer owners and refer to any online reviews to get a better idea of how tenants and other owners feel about working with the company.

Hello I needed some advice about my idea.