The challenge with S8 in this scenario is you always have a piano over your head and all a tenant has to do is call the code office to create an issue for you. 

My two cents: get a job and HUSTLE right out of school and create some income and save up some capital.

He and I created an LLC for NC a few years ago when we were thinking of buying a rental property there.

For me it's less about the wealth that I create, but more about the impact.

This sudden jump in rates has not fully caught up with market cap rates yet since especially in the commercial and multifamily property markets, transactions typically take 6 months to transact, creating a lag effect between interest rates and market cap rates since interest rates adjust daily.

This was not something I created.

You can create equity through renovations as you live in it.Its all about leverage. 

Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.

Hey, Matt - thanks for creating this discussion.

Seller financing, subject-to deals (taking over the seller’s mortgage), or lease options can create terms that work for both parties.