If you lived in the property for 2 out of the last five years then you wouldn’t pay capital gains up to a certain amount.

My loss was only $500 BUT I didn't follow my instincts and I got burned.Please BEWARE of an email from Jason N Coogler from Prime Access Loan located in Perry, GA.

Read The Hands-Off Investor.Important to keep in mind here in late 2024:  The market has been in a down cycle for the last three years. 

Lastly, having a reserve fund is key to offsetting unexpected costs, especially with reduced cash flow from the loan repayments.Hope this helps, and congrats on tackling creative financing!

It won't stay that way forever, so enjoy it while it lasts

I am a realtor in Marlyand and last year I bought my first duplex which I currently house hack.

This isn't the last home you will be buying in your lifetime.He should not get upset that you are doing your due diligence.

I’m talking about the kind of property you’re going to buy within a month or less and the seller just flakes out at the last minute.

Your profile mentions that you are an agent with rentals.You would want to see if you are able to claim real estate professional status.If you are able to claim real estate professional status, you can potentially offset the rental losses with your real estate agent income.Furthermore, TN does not have a state income tax allowing you to be more open with your options.Best of luck

Or they can be sold to investors.I think they are particularly attractive for new investors to buy as a house hack - you live in one and rent out 3, most, if not all, your expenses will be covered.Look at what it last sold for, has it appreciated?