Basically jumped on the first property we could get into since the market is screaming here.

Originally posted by @Kate McClinton:Is it permissible to use the allocation of building to land from the county property tax assessment instead of an appraisal? 

@Kate McClinton, please free to ask here, we have some Knowledgeable CPAs here

That just screams you're not going to win. 

Currently been seeking best strategy to jump in, I know for a fact I want my first deal to be a house hack to minimize monthly expenses (Unless of course a screaming deal jumps out at me and I can partner with a baller looking to finance 100%... 😎) however I also been looking into being an agent(less prefferred) or a sales associate for a Re company where I can learn while increasing income potential.Any thoughts??

@Teresia Saylerdouble taxation is normally referenced to corporations where a tax is paid by the corporation and again by the shareholder when there is a distribution.There is nothing that screams "double taxation" with a 401K.I would take a 401K loan over a hard money loan every time if given the option.

Don't scream at me!

Critics of my style will scream, "You can't scale!!!" 

If you COC return is above 10% buying today and having the market scream down tomorrow will likely break you out even as the low wouldn't be achieved for a few years most likely and unless you're buying garbage or a true collapse occurs you aren't likely to lose more than 30-40% so the cash-flow alone will likely off-set the oppertunity cost lost in buying it at the bottom.

My gut screamed no to this lady, but my realtor thought she was great based on her docs and references.