It’s awesome to see your excitement @Joe —this journey can truly be life-changing.As someone who started out while serving in the military, here’s some advice I wish I had early on: take action, even if it’s small.

And he’s an electrician not someone who can lose money like that and not feel it.  

In the unfortunate event someone passes away and the property transfers via probate or a will, that fair market price gets "stepped up" so no taxes are paid.I would check with a CPA, but this is my understanding.

So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

Mind you, I'm just looking to see what is possible as if there is someone living in the home, that would be a slimy move to take the property without communication.

I am wrapping up rehabbing my first property by myself in DC and getting confused on how to price it, It is a townhouse 4bed, 2.5bath in NEI am hoping to rent it to someone with a housing voucher covering 90%+ of the monthly payment. 

You’re likely to see someone want to control the rehab portion as a way to secure their investment.

Like someone else mentioned, FHA loans are good in low credit and high DTI scenarios, but tend to be less bang for the buck compared against conventional.

The AI can even handle inbound calls using a recorded voice from someone on my team that’s been turned into an interactive AI voice.I’d be happy to share the one I’ve been using and fine-tuning for myself—it’s been a game-changer, and a lot of my colleagues are closing more deals with way less effort.

If someone dramatically overpaid in the peak of 2022 and didn't sell in 2023 when rates were at their highest than the chances are they will be fine in the coming year.