Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Remember you are exempt from excise franchise tax if you file an exempt form.This post does not create a CPA-Client relationship.

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

Just remember you are spending time and money to improve a space that isn't yours and you're not able to take the improvements when you leave, ownership should have some skin in the game especially in a new build.   

One thing to remember is that even within a specific market there can be subtle differences in areas.

Using quality yet affordable materials can transform a space without excessive costs.I could remember working on a property an investor purchased.

Remember trust & verify! 

I don't remember exactly, but its on top of my 2-car garage, so 20 ft by 22 ft maybe?

Remember there are income limits, contribution limits and other personal factors to consider.

I remember when Lending Home, now Kiavi started, there really wasn't anyone other than banks and private individuals that would finance a new build...and those were hard to find.