It may work in the long term but can be a painful process.i wish the OP the best and i believe he can benefit by recognizing the value in the various responses but seems unwilling.  

I’d love to hear your thoughts on strategies to achieve breakeven or positive cash flow in the long term.

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

Greg,What type of mentor are you looking for, in terms of where do you need the most help right now?

It doesn't take long to learn how to spot a good deal.6.

Hello all! I

There are a few that do not have any seasoning requirement on a cash out refinance as long was there was rehab completed on the property.

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

With that said, the income can still offset the cost of holding the property as a long-term investment.