Thanks.It’s definitely worth a conversation with your neighbor, but as others have pointed out, they might see it as you benefiting more than them.

Central Kentucky, in particular, has benefited from Lexington's growth, with many people commuting from outside the city for work.

On buy-and holds we usually replace all the plumbing with pex, no matter what, because galvanized has a life expectation of about 60 years, so I usually take the sooner than later approach.Stick with hard money, like Mach1 or or MKE hard money (Scott Lurie) as they will not leand on a deal that does not pencil out, so you have the added benefit of someone experienced looking over your numbers.

Quote from @Karen Smith: Quote from @Jay Hinrichs: well have been a PML HML since the late 80s. benefits are:1.

Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.

Starting real estate investing early is a smart move, especially while leveraging your military benefits.

Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

Separately, the benefits and disadvantages of renting to Section 8 is a topic of extended debate on this forum.

There are plenty of STR-savvy CPAs who can help you navigate the rules, maximize tax benefits, and make sure everything is done right.

With real estate investing, you have the tax benefit and depreciation along with what is hopefully an apreciating  asset.