That's a have your cake and it eat it too situation...you want a no money down, no risk to you, and keep 100% of the equity situation.

Since I was brokering the private money loan, I couldn't waive the late fee (which my lender still wanted) and the borrower was upset because ENS wouldn't eat the cost, which was a systems error on their part.

RE is so tax advantaged as is, why eat into your legal tax shelter.

If it is section 8, i would make sure they at least have some income coming in to be able to afford to eat, clothe, and buy all the other necessities. 

It would eat up costs, but you can roll cost into the loan so you don't come out of pockets and there's no guarantee rates will come down quickly for sure.It's also worth getting a CMA on the value to see if you could refinance so that you can avoid the PMI.

Of course we all want the best of both worlds; that is a hidden gem on a secluded/private beach, but close enough to a town to find good eats, drinks, and shopping.

Then it all goes away and the company has to eat both the past due amount plus their legal fees. 

People priced this in spring of 2024 as if it'll produce by eoY 2024-- it may not even produce this decade.Everything I have done and will do will perform, I've just had to eat the rolling fees.

Yes, housing is cheaper but we found groceries were about the same, eating out was roughly the same (although we don't do it too often anyway), car insurance was higher, home insurance was about the same if not higher in MI, and property taxes on my $460k Michigan home were the same as I now pay on my $740k CA home.Overall, if you can make this work I like the idea of it.

Eat the 10% tax penalty and get the duplexes that will create generational wealth.