I just got 975 for a two br in the " hood" I do 95% GOVT programs.

Identify a property that can be acquired at a discount for whatever reason (benchmark 60% ARV)2.

Alongside acquiring rentals, I'm interested in establishing a service-based business within the real estate niche, potentially offering maintenance or renovation services.To make the most informed decision, I'd appreciate any insights from experienced Indiana investors on:Top Indiana Cities for Long-Term Rentals: What cities offer a strong rental market with factors like stable vacancy rates, positive cash flow potential, and opportunities for property appreciation?

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.

If someone were to post the number of deals they have done and give hard facts (cash invested, $ in cash flow, CoC return, door acquired in a specific timeframe) then detractors like myself would disparage these programs less. 

The IRS safe harbor is at least 24 months of business use for the property you're giving up and the property you're acquiring.  

My plan was to acquire a property through owner financing, and find someone whose goals align with what I'm trying to accomplish and have them cover the down payment.

Quote from @Stephen Brossard: I’m looking to acquire my first rental property, leaning towards multi family.

Here is the detailed information:A condominium was purchased by Person A on 11/01/1986 for $52,700.On 11/7/2015, a real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.On 11/17/2020 person A died.On 01/17/2023 person B died.Person C (myself) will be selling the real property.I need to determine what capital gains I owe on interests I held and then the additional stepped up interests I acquired through survivorship.My analysis is as follows:The timeline for ownership interests is:11/01/1986 Person A 100%11/7/2015 Person A 33.33%, Person B 33.33%, Person C 33.33%11/17/2020 Person B 50% & Person C 50%01/17/2023 Person C 100% The tax implications are:1.

Otherwise, investors are looking at paltry returns for a time-intensive investment, and no chance of ever actually acquiring property through the liens.