Flipping can be profitable if done right, but it can be time-consuming which may not be ideal if you have a busy day job. 

In the meantime, the situation is extremely frustrating for many LPs who, like yourself, seem to be losing a lot of money, while supporting the apparently lavish instagram lifestyles flaunted by many sponsors who brag about how their time is worth a bajillion dollars an hour and fly private to exotic locations.

Rental (mostly DSCR) is a different story as you need to have the rent support/cover the PITI + HOA costs.

Moreover, Memphis has a supportive community for veterans, which could offer additional resources and networks to support your investment journey.Since you mentioned not wanting to handle property management yourself, there are reputable property management companies in Memphis that can handle those responsibilities, allowing you to enjoy the benefits of rental income without the day-to-day management tasks.Balancing the purchase of your primary residence with your investment goals is a prudent approach.

Id be interested to see if they suggest attaching comps for supporting the price the exchange is done at... that seems like a prudent thing to do

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to support@biggerpockets.com and someone will help you.

I've been listening to the Rookie Real Estate podcast for the past several months and finally decided that I want to start my real estate journey with the assistance and support of this platform.

I’ve heard your concerns, and BiggerPockets is stepping up to provide stronger support and more robust education to empower passive investors.That’s why we’re creating PassivePockets.This isn’t just another platform; it’s our commitment to bringing transparency, education, and a true community to the world of passive real estate investing.To make this a reality, we knew we needed more than just an idea—we needed a partner with deep expertise.

The one critical area I am struggling to line up help with is after hours emergency support.

Open to being corrected if I’m wrong, it happens.In that case, where tax code doesn’t specifically provide support for a scenario we need to rely on other secondary sources - hence the Pub reference.