Either way, after five years, I can say I achieved a certain level of passive income—just not the kind that puts cash in my pocket. 

That's only achieved with QUALITY. 

You will also be able to achieve a decent rate with a longer PPP period.

Start small, focus on building relationships, and take advantage of Conroe’s growing market to achieve your goals.Good luck!

Many people have limiting beliefs, a mental barrier that prevents someone from achieving their goals or living fully, so they sabotage any hopes of progress through words or actions.

This deal aligns with my strategy of adding value and achieving robust returns.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

This deal aligns with my strategy of adding value and achieving robust returns.

If you can stretch the budget to $250-275k, you can get a significantly nicer property / in a better area and still achieve the 1% rule