I’ve househacked a handful of properties and it’s truly the best way to get started!

Also be sure your PM is documenting everything if you already started demo and rehab.

Quote from @Sharma Parth: Quote from @Jacob Sherman: are they selling the rent ready properties or consultants guiding you start to finish in the process  rent ready properties. they will take distressed properties > fix them > get you  section 8 tenant > and also offer management for you Sounds like a no brainer if the  numbers are right .

Instead, start by sharing why you’re interested and ask questions to understand the seller’s motivation like, ‘Why do you think it hasn’t sold yet?’

I need to explore that.I also started using avail, which I like.

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

I know the decision shouldn't be made of tax benefit alone but starting to think other areas may help me accomplish both more efficiently.

ChrisHi Chris,Thanks for starting this thread!

I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.