Hello everyone,I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.I have a pending income tax payment of approximately $200K for the year 2023, due by September 10.

This is a big challenge to every one of us.Not allowing tenants with cats is possible but tenants may cheat not declaring cats. 

welcome to bp, your sentiment around leverage is 100% correct, and I'd challenge you to follow your own advice and use that leverage to put as little as possible into the real estate rather than the coveted "pay cash for it" or while one can pay cash, utilizing your w2 to refinance is a unique skill and ability you can have.house hacking in the mid west is where its at for sure.

I built about 70 homes in Oregon during this time and its been a challenge..

If the property is bleeding money every year from repairs, maintenance, or turn over you'll never get ahead.You can tap equity with a HELOC (challenging right now), cash-out refinance into a new loan (much higher rates), 1031 exchange, or sell (tax hit) but the numbers and property condition need to guide this decision.

Challenges?

I will post the before and after pictures, hopefully it can help anyone starting this journey, we are new investing out of state but NOT new to handlining construction project out of state for clients, looking forward to the challenge!!!!

Transparent Leadership: They are transparent about decisions, challenges, and successes, creating trust through honesty and openness.4.

Challenges?

I don't know too much about North Charleston and Summerville specifically but investing in real estate has been challenging country-wide since rates went up.