So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

I am buying a flip house from a wholesaler.

@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Because they buy into the dream the guru promotes?

By the time I was ready to jump back in and buy again rates had shot up as had prices.

My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof.

I and my spouse are planning on buying a small multifamily and house hack.

Quote from @Katie Accashian: I am looking to take money from my retirement that I accumulated from my previous employer and move it into a self directed IRA to buy a real estate investment.

If anything, they might keep creeping up, just maybe not as fast as the last couple of years.If you’re looking to buy in Suffolk, it’s definitely still doable, but expect competition.

Many of the best investments are the ones you don't buy.