Quote from @Daniel Green: Hey everyone,  I'm Dan, 35 here, I'll be able to make my first purchase in summer '26.

I plan to purchase a primary residence, multi-family home (2-5 units, 'house-hack'). 

You could also purchase below market value. 

The tax is based on selling price minus purchased price.

Im looking to purchase a couple of 3Br 1bath SFH in Cahokia IL and rent them to Section 8.Does anyone have experience with the local Section 8 authority?

You purchased six properties, and we have to assume, based on your post, that you purchased and renovated them for below a current market value. 

They also have a TON of amazing educational content which is helpful since I'm working to figure out how to tap into my IRA to purchase more real estate.They’re also great if you’re into diversifying - like with real estate or other alternative investments.

Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. 

Purchase price: $160,000 Sale price: $170,000 Contributors: Peter Vekselman Partner Driven and Jamari Sprueil secured this Dover Ct property in Riverdale, GA, for $160,000 and successfully sold it for $170,000 on the same day.

Purchase price: $415,000 Cash invested: $90,000 MY FIRST RENTAL PROPERTY !!