@Damein White Positing in the classifieds section of BiggerPockets, looking at the events & meetups page of BiggerPockets, and checking out Meetup.com can be great ways to find and network with local investors

Currently as long as you are classified as a passive investor you can only reduce your expenses by your passive income which you currently don't have.

if you do it incorrectly, many jurisdictions will classify the primary as rent controlled (which I believe is not applying the law as intended).  

It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.

The CFPB is working to classify these programs as credit to drive them onto credit reports.

Hey Catherine,We classify it as a 'Delayed Purchase' and set it at 80% of purchase price. 

A cost segregation will not classify the whole building as 5 year.It will classify some as 39 year, 15 year, 7 year, 5 year and 0 year.The items classified as 15, 7 and 5 year will be eligible for bonus depreciation.Since bonus depreciation is currently 60% for 2024, you will still be depreciation some of the remaining depreciable assets over the next 15, 7 and 5 years.A majority of the building will still be classified as 39 years which still gives you a good amount of depreciation into the future.

Post in fb groups and even here in classifieds what it is your looking for.

I am looking for cashflow  - no really flip and fix market .Looking for person/agent/team   who is expert in the market can guide in securing the first  two deal .I am open to consider the single family house and multifamily apartment building  You'll get more responses by posting this in the Classifieds section.

@Johnson Best If you haven't yet positing in the Classified section of BiggerPockets will likely result in more agents reaching out to you.