Don't try to set it and forget it.

Quote from @Eric Fernandez: Super fired up to join the community and begin my section 8 BRRRR journey!

When it's sold it will be taxed as capital gains tax and may also have some unrecaptured depreciation which is capped at 25% and  recaptured depreciation as well which can be up to your ordinary income tax rate.

I have strong financials and will be doing a >50% down payment for a Condo.

I recently did a short term fix and flip loan investor to investor loan for 6 months @ 5 pts and 15% interest rate. 

You don’t have to use it like short-term debt—you can pull from it strategically and pay it back at your own pace.

Just moved from California to SC and started a syndication team.

Quote from @Julia Havia: These are big projects and be sure that you are doing it all within the city scope of what they want for the property.

Quote from @Andrew Rodriguez: I will be speaking to a local one tomorrow morning and then go from there.  

Where are you located and what's your strategy - buy and hold, flip, BRRRR?