@Dave Bobka @Justin Arnold So, if an investor is looking for a larger, family style home for a Section 8 tenant that is dependent upon public transit, this would be a great property, wouldn't it?

So a lot of it probably depends on your bracket when you end up selling the RE or cashing out the IRA.

Depends on the actual deal I have seen 85/15 rarely 90/10 but keep in mind your primary home will have a second lien on it typically if your LTV is over 75%. 

@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.

Specifically, the cost to have it corrected is now a known material fact. 

But for large multi-family, that amount hardly covers your legal fees for one transaction, let alone down payment, due diligence costs, lender fees, other closing costs, etc.

The administration will help some investors and hurt others depending on the circumstances. 

Maybe maybe not depending on your end goals but also don’t let fear or regret get in the way

On the MGA side their in-house product is assigned to a different writing company depending on the state and risk. 

@Brian KohtzYes, you can potentially claim the property as a rental in 2024, but it depends on when it was "placed in service" for rental purposes.