Taking small, manageable steps now will help you make informed decisions when you're ready to invest.Good luck!

The plan was to have the properties completed in 6 months make some money and be on our way to real estate riches.Turns out a lot of the framing was rotten and we had to completely reframe the back of one of the houses.

However, the whole point of making money is to live a better life, which includes caring for family.

And you probably need money for living expenses.

As this approach uses very little documentation, it is the least reliable methodology in preparing a cost segregation study.To see all of the steps included within each method, refer to Chapter 3 of the IRS Cost Segregation Audit Techniques Guide.What methodology has your company utilized?

That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.

If you have this debt and need money, you may not be preparing yourself for the challenges of being a landlord.

@Christopher Reynolds My mantra has always been, "Live where you want to live; invest where it makes sense."

Just make sure you go through the contract they present.

If I were the neighbor, it sounds like I'd be the only one bringing money to the table so you could get something you want.