First - Have a discussion if the rental loss will immediately help your tax situation. 

DM me if you want to discuss more...

We haven't discussed with him any of these issues for fear of his irrational responses. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to discuss further. 

Obtaining the FHA loan is great and you could repeat the process after about a year with the right lender.  

Discussing options with my wife, we are looking to take ownership of the house, make some much-needed repairs, and getting it rented out.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Please feel free to reach out for discussion. 

- Should I go back to school and obtain an Associates degree in Real Estate? 

I’m looking to connect with those of you who are actively using or interested in the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to scale your rental portfolios.Whether you’re new to BRRR or a seasoned investor, I’m here to discuss best practices, potential local opportunities, and ways we can collaborate to make your investments efficient and profitable.