Eliminate debt, establish a budget, and save.

I would save money up and do a flip yourself.

To maximize the tax benefits of STRs, it’s essential to track your time and other people's time spent on the property, avoid staying in the property more than 15 days, and perform a cost segregation study to accelerate depreciation.

Consulting with a tax professional can help clarify how and when to maximize tax benefits based on your plan.

It’s also a great strategy for consolidating debt or accessing additional capital for growth.However, be mindful of potential prepayment penalties and how they weigh against long-term savings.

@Mahender BistI believe the best structure is to save $1000+ a year for filing in California which they will have you do anyways and just own in your name with a good insurance policy.

What's the best way to save and organize digital receipts and to snapshot paper receipts? 

Some things matter more than saving an extra $200/month because you chose to live in a market you didn't necessarily like.

We like being aggressive in stock market investing but more conservative in real-estate given that we plan to use that for cash-flow eventually.The options are:We expect to have $200K/year in taxable savings the next 5 years (barring a job loss)- Pump all savings to the stock market & keep the current rental properties as-is and payoff the properties over the next 15 years using cash-flow for snowballing.

Saving 20% down for an investment seems almost impossible today.