However, it comes with higher risk and upfront costs.If you prefer diversification, using equity for a down payment on a new property spreads your risk and potentially opens up additional revenue streams through rental or appreciation.It comes down to your risk tolerance and long-term goals.

A 72-T exemption known as a Substantially Equal Periodic Payment (SEPP) is a pretty rigid agreement.I don't think you will be able to accomplish the rents-only goal.  

Hi Varika,Both options have merit, but it depends on your goals.

My plan is to start out by purchasing Single Family Homes (SFHs) in *C* class (and above) areas with a budget of $100K-$200K all in, with the goal of buying, rehabbing, renting, and repeating (BRRRR strategy) for long-term holds.

What are each other's goals?

The goal is to finish the renovation by November and then rent the warehouse to tenants.

As well as Wealth Hacks by yours truly - don't hesitate to DM me for a copy I took the initiative to look up your book that you wrote in 2021 and I totally agree, building wealth is like dieting.

Your spread of counties is way too wide which means you don't have a plan and must be using some data to suggest this area may be worth it, but what's your goal?

Let me know if you'd like to jump on a call and chat more about your goals and this market. 

My goal is to have enough properties to where I can make 150k a year and have more free time.