I don’t have a lot of extra capital each month to invest in large-scale real estate opportunities yet, but I’m motivated to build up my resources and experience.

Your house isn’t just your haven—it can be a financial asset too. Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!2️⃣ Property Tax Deduction: Clai...

@Craig Curelop is a great resource to assist with this as he is in Denver and wrote the book on house hacking for BP.You are a little numbers heavy vs. expectations meaning that it seems like you are really counting on these numbers to work and they could be tight which can be scary for a first property.

Plus you get interest income on top of your principal payments, too.Also allows you to spread the taxable gain out over time, which would help you keep taxable income low and potentially still contribute to Roth IRA in the year that you sell. 

Here in Austin, TX I had this situation happen this year, and it cost about $6000 for removal/replacement of the panels on top of the cost of the new roof. 

Happy to send over some resources regarding the Columbus Ohio market and why it's a great market to invest into!

Have you read the OREC rules from top to bottom?

@Ximei Yue,You mention that your job is demanding—do you think you’ll have the capacity to handle a time-intensive BRRRR project on top of that?

https://www.biggerpockets.com/airbnb-calculatorI would not go cheap on the furniture and really pay attention to the design and amenities you can have that compete with the top places near by.

At worst, it's deciding who get's that $ that he won't see regardless, at best it can notch him down a tax bracket.