If this is important, the choice is clear.However, if you invest using the BRRRR method, you should be able to pull money out of a property and use it again if you buy it well enough with equity.

Two years ago; my wife and I made the choice to move to New Orleans in the hopes of creating an airBNB within that city.

On the other hand, i would like to live more comfortably and let my income reflect that in my life choices (and not have fear about losing my job and not being able to pay my debts.

So are there any specific pros/cons to home style vs choice renovation?

Second choice would be to help with closing costs. 

A structured installment sale is a highly beneficial tool when looking to exit an property (investment or otherwise) because it'll lower your taxable income and is customizable.

Coming at you live from Nashville, fueled by today’s amazing beef jerky and caffeine of choice.

Hey @Sun Casper, the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

Rates are usually better with LLCs, and given the liability protection, LLCs are probably a better choice.

@Sean Haberman, the easement implies a beneficial interest in the land.