And do you have a certain price range in mind and I assume you're good with up to a moderate level of rehab?

With the fund I used, they had a month where they had a few defaults, the return was a bit lower, and they sent out an email apologizing for the lower yield. 

@Desiree BoardWhen deciding between investing locally or out of state, and whether to self-manage or hire a property manager, consider your goals, comfort level, and resources.

It takes a certain level of QB knowledge to set it up correctly.

If you're using a DSCR loan to purchase the home, most lenders use the lower of the lease agreement or 100% of the market rent from the appraisal form 1007 to determine the DSCR.

I’m not sure if this is for you, but...If you’re serious about leveling up your real estate game in 2024, there’s no reason not to try this.

@Avani Patel If it hasn't been created yet, if someone were able to do that at the property level, they'd be a gazillion-aire!

If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.

Existing-home sales, for example, hit their lowest level in nearly 30 years in 2024, with just 4.06 million transactions.

They lower taxable income for federal taxes but not for FICA.However, employer contributions made by the S-Corp are not subject to FICA and count as a business expense.Make sure your W-2 correctly reports wages, deferrals, and FICA wages.