You can cash out after 6 months from date of acquisition, but only up to the limited LTV restriction of 50%.

I asked him if we can use that large combined losses being carried over to this year to offset my 2024 W-2 given that we can activate the real state profesional status this year to offset W-2 income without limitations.

I don't appreciate these giant real estate personalities or influencers/motivators because it's stupid and unethical for people with kids and families of limited circumstances to be told they have a good probability of owning a "thousand doors." 

I did have an interesting conversation with their "director of education" who spends an hour to see if potential students have what it takes to qualify for their limited number of coaching slots...in less than a half hour he decided I wasnt a good fit for their program, and hung up on me :-) My non proprietary "secret" is; think about who the buyer is, figure out what they want and give it to them.

The main pro for building would be the ability to control where I live while living in the house, whereas most multifamily homes are within city limits and not my preferred choice of dwelling. 

I particularly loved the section on "how you crushed your limiting beliefs."

What if a married individual has income of $200k+ but the spouse is not in workforce, so that is the total income. i.e below the $300k limit for married filing jointly.

That 5-10 limit must only be certain insurance companies.

Find their leftover entitlement and see what county they are purchasingMost county loan limit: $726K (conforming loan limit)multiple that by 25% = 726K * 25% = $181,500you subtract that from the entitlement used:$181,500 - $81,250 = $100,2503.

For many investors I just limit the agreement to homes I show or alert them to.