In that case any expenses incurred prior to property being put in place, will not be expensed but capitalized.

he is off and running this is the value of  a True capital partner..

It's better to refinance and pull capital out than to sell and acquire.

However, some investors are comfortable with this approach, especially if they prefer to limit their initial capital and plan to refinance a few years after purchase—particularly as discussions about the Federal Reserve lowering interest rates into 2025 continue.Ultimately, successful investing hinges on selecting a growing market, a desirable neighborhood, and assembling a strong support team.

Just make sure you have a solid management plan if investing remotely.As for investing $40K in your parents’ home, while it could provide a modest return, it may tie up capital better used for your own investment where you have more control and equity.Your plan to start a property management company in Rhode Island is a great long-term move.

The post below has a link to it if you’re curious:https://www.biggerpockets.com/topics/693527It was my attempt to model the key financial incentives for REI, which members have mentioned above, like inflation protection, capital appreciation, tax benefits, equity build up, and of course the beauty of refinancing.If you’re familiar with project financing you’ll know as value of real capital appreciates regearing will boost returns quite significantly.

We have a property in IL that we are looking to raise capital to stabilize and we want to be organized, professional, and efficient.

The Riviera Maya and Cancun area for example has has an 8 to 10% capital gain per year in the last 10 years, the politics are stable  and the country's international tourism is booming.

Are there any tried and true/ industry standard sites, forums, etc. where those looking to avoid capital gains look for investment properties?  

However, it requires more upfront capital and ongoing management.