@Britt M. - As @Brandon Turner mentioned, I've bought and sold around a dozen HUD's over the past year or two.

@Sharad M. As

The more units the better, you can use your 1.6 M as a downpayment, Creative is the way to go ! 

@Andre M. as @Hadar Orkibi mentions, some of the disadvantages are dealing with commercial tenants/space. 

Of course I still want the property to cashflow but I am ok with receiving $500/m as opposed to $1,000/m if it means an extra $70k in my pocket to reinvest (using random numbers as an example) But this is not the correct answer for everyone!

@Matt M. As

Thinking through different exit strategies which include 1031s (traditional,) outright sales, switches into over vehicles (ie. funds such as Realty Mogul, QOFs, MAS that work w/1031s) etc.One scenario, overly simplistic in my mind and thinking something obvious might be getting overlooked, is pane low income.Lets say my wife and I save up funds and suddenly retire at the same time, where we would have zero w2 income and other income sources (ie. rental income) would be below the 2022 married filing jointly limit of $83 350 - would this then mean we could sell an investment property we had for over a year and incur 0 capital gains?

Hello @Dennis M. As

@Chelsea M.  as

Merry X-mas, I just happened to click on a youtube video with BiggerPockets and have been watching, reading non stop.