Its not easy but its possible you just need to talk to people who have done it before and learn from their mistakes and help minimize yours.

Also, if it's a one-time bonus, you may want to push only a portion to next year if that minimizes the total taxes you pay over the two years based on your expected tax brackets.

If anyone has questions about:Seller financingSubject-to dealsWrap around mortgage dealsLease optionsStructuring deals with minimal cashI’m more than happy to connect and share what’s worked (and what hasn’t) for us.

It depends on your goals and comfort level:Turnkey: If you want a property that’s ready to go with minimal hassle, a turnkey is a safer choice.

@Mitch Holmes With $400K-$500K in cash and your contracting experience, start with smaller flips in the $300K-$400K range to minimize risk and build experience.

With the new rent control policies, there is zero incentive to lower rent as it may take years before you could recoup that with the minimal increases they allow. 

They understand that there's value in what they provide, which is steady, documented income, minimal turnover, steady payment, quality references, no drama, and peace of mind.

Also, I’m not into tax evasion necessarily but she’s owned the place forever and has minimal taxes.

Investing as an LP in syndications/funds can be a great way to gain real estate exposure with minimal time commitment.It's key to invest with the right sponsor that has track record of delivering returns (ideally been through at least one downturn).

For minimizing upfront costs, FHA is better; for liability protection, conventional with an LLC is ideal.