You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.

The practical reality is wanting to get started in passive investing with lower dollar amount minimum requirements.

Right now they are "high" (compared to 2020) and people "think" they are going lower. 

Options - collect full payment for the 3 months up front and lower the deposit to secure against damages only, require insurance.

I'd appreciate the same if anyone needs assistance in PA (primarily counties of Lancaster, York, Lower Dauphin, Cumberland, Adams, Lebanon and Chester).

I’d also look into using an FHA 203k renovation loan, allowing me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

Capitalize renovation costs to increase the property’s basis and reduce future taxable gains.

Let’s break it down:Loan: $300,000Base Rate: 8% (P&I: $2,201)Buydown: 1 point ($3,000) lowers rate to 7.75% (P&I: $2,145)Monthly Savings: $56Break-even: ~54 monthsHolding long-term?

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

If the rehab is good, lower price and you'll get applicants.