Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

Add 2 points and a processing fee for the broker an underwriting fee for the lender and various and sundry closing costs and you're golden.

@Caleb Christopher @Beth JohnsonTypically how much does that cost?

A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.

I can tell you that Rod Khleif's podcast is free.

Since rental losses are typically passive, the best way to offset W-2 income is through Real Estate Professional Status (REPS) (750+ hours) or Short-Term Rentals (STRs) (100+ hours and more time than anyone else managing the property), which allow real estate losses, including depreciation, to offset active income.A cost segregation study accelerates depreciation, generating large upfront deductions.

I'd be happy to connect further and see how I can help, feel free to message me. 

In either case, feel free to reach out as this is certainly something I can help with.  

Given the latter costs, a corporation can be the best solution only if you buy multiple properties.

I am doing my best to accommodate and fix the insulation as well as see if there are programs in place to lower the cost. however i want to be firm with tenant as they are not compliant with paying rent because of the cost of the utilities.