Currently, interest rates, taxes, and insurance are very high, making it difficult to cashflow with downpayments that are below 40%.

This allows you to report the rental income and expenses directly on Schedule E of your joint tax return, simplifying your tax filing process.

I would appreciate any tips or experience with any creative financing options!

Zero capital gain tax, next to zero income tax, property Tax is super small.  

My mistake for not inspecting the property beforehand. Paid 12800.based on google mapsThe property is a mess. Need to clean the junk out of house .. hoarder . Bathroom and kitchen need redone. Large tree in back is de...

I have a Youtube link in my profile with some tips and would be happy to have a call sometime to discuss your wants and needs out of an investment property.

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

@James Thompson Transferring property from your in-laws to you can be done through a gift, sale, or trust transfer, each with different tax implications.

@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.

@Brett SiegelWelcome to the community and be ready for a huge amount of information at your finger tips.