Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.

Outline a clear exit strategy to meet your long-term goal of retaining the property for cash flow.Work with a CPA to ensure tax efficiency, particularly around depreciation, capital gains, and partnership income.

There are often local Facebook groups for specific strategies 

I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.

Where I’m Focusing: Ohio (Dayton and Cincinnati) — I already have trusted partners for renovation and construction.Investment Strategies: I’m interested in fix-and-flip and BRRRR.Open to Networking: Real estate agents, investors, contractors, and anyone passionate about real estate.My Goal: To learn from experienced investors, share ideas, and build a scalable real estate business.Looking forward to connecting and learning from this great community! 

Are you leaning toward a specific strategy like buy-and-holds, flips, or house hacking?

What strategies have worked best for marketing midterm rentals in secondary or smaller markets like Portsmouth?

Quote from @Garrett Jennings: I wanted to check on the forums before I consider using this as a strategy.  

You should jump into the weeds as long as you have a few exit strategies, know the market, have a stable 9-5, and emergency savings.

It’s a winning strategy…..