REI offers steady cash flow, appreciation, and tax benefits, while business acquisitions, similar to the BRRRR method, can provide higher returns through operational improvements but carry more risk and require hands-on management.

Hey David, as long as you flip the property it shouldn't affect your future purchase if for some reason you have to carry a loan on the property then that will affect your DTI which could potentially affect your future purchase.As for flipping, I think you are in a good spot because you and your Dad can do the work yourself, one of the hardest parts of investing in Real Estate is finding quality vendors and contractors.

To extend an olive branch there are plenty of bad real estate agents that also push things onto their clients, but those individuals work under a broker who carries a fiduciary duty to their client.

Deals carry risk and you can't always control a deal taking a bad turn.

Do you have standard property insurance for your houses since you are leasing to the organization that would ultimately carry the insurance for operating the sober house? 

Since you mentioned your W-2 income is above the threshold, it’s likely that you don’t qualify for this status, so the losses would be suspended and carried forward to offset passive gains in the future.With REPS and 500 hours of material participation in your LTRs activity, you can release your losses from LP interest.

Before I joined I was trying to carry my multifamily goal by myself, I thought the only way I could get into multifamily was to have enough money to buy a property on my own so I was trying everything I could think of but ended up just spinning my wheels.

We carry a partial contract on my husbands property and it's worked nicely without the headache of renting.

Turns out the daughter's boyfriend was smoking in the bathroom...Sometimes they can scrub, others it has to go down to the studs and rebuilt if there's been a lab.

never heard of it.. but then again I dont carry any credit ever so maybe thats the issue..