Today, we are just dealing with a different set of circumstances.

There are very few circumstances where I foresee you needing this.  

Did you find yourself in this situation due to circumstances, or did you intentionally stage this situation?

It sounds like you’ve navigated a lot of different scenarios and made strategic decisions based on the circumstances.

While equity financing can be a smart move in the right circumstances, the sheer volume of people turning to it lately seems to suggest something deeper might be going on.

However, there are a few different ways to accomplish this, and the best option will depend on your specific needs and circumstances.

I thought DSCR could be the answer and planned to rent it out until I was able to qualify for a conventional so I could move in as my primary, but unfortunately it didn't work out.Very specific circumstance, but thought it was worth mentioning!

Sometimes there’s extenuating circumstances that may make buying a net $0 cash flowing property worth it.

Start-up costs are also deductible but are amortized over 15 years with a limit of 5k.Start-up costs have strict rules and your case might not be the same as this one.Case Summary:Timeline line of eventsStarted investigating property: FebPut first contract (canceled): MayBought first property: December 30thWhether a taxpayer is engaged in a trade or business is determined using a facts and circumstances test under which courts have focused on the following three factors that indicate the existence of a trade or business:Whether the taxpayer undertook the activity intending to earn a profit;Whether the taxpayer is regularly and actively involved in the activity; andWhether the taxpayer's activity has actually commenced.On the basis investor testimony, we may assume that he undertook this activity to make a profit and that he regularly and actively engaged in it.

Trust, but verify.I was looking for someone that already is or on their way to being financially free, someone who I can connect with personally, and who is willing to teach/coach me in my specific circumstances.