Condo market is going to take a big hit and could be a good place to acquire some assets .My friend owns a few properties in Cape Coral and is getting crushed ...

It's an up / down duplex with 3 / 1 up and 2 / 1 in the basement.

It could help accelerate depreciation deductions, especially with your mix of single-family homes and duplexes.

Finally, unless it is a duplex, you cannot claim losses from house hacking, period.

I've got a duplex for sale that is turn-key in Hixson.

I have duplex in Cape Coral.

Is anyone looking to get into some of these condos and flip them?

When you are within two years of purchasing make sure to have good tax returns to submit as lenders will want tax returns for last two years.Use the money you have saved and your tax returns to buy a duplex/triplex with an FHA loan and house hack.That would be my game plan in a nutshell.

Many newly build, luxury high rise condos were not qualified for any financing because the building didn’t have the required number of units owner occupied as required by Fannie, Freddie, and individual lenders.  

Purchase price: $230,000 Cash invested: $46,000 About to close on my first Duplex and very excited.