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

ChrisHi Chris,Thanks for starting this thread!

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.

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.

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.

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). 

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

It does beat the expected inflation rate of 2% set by the Fed.Rents will remain about the sameWhat’s interesting is they also expect:A 11.7% increase in existing home inventory followed by Single-family new home starts growing at an impressive 13.8%.