Likely will reduce to whatever market rent is on 1007 report, if the Section 8 income is higher than market.

Consider the aesthetics, privacy and reduced contact with passers by if there are animals involved.  

There are hundreds of posts on the BP forums every day.However, this does seem a bit more personal as all your recent forum comments are attacking anyone that speaks highly of Rent To Retirement. 

It can be done but it may take years to build up cash flow especially if you live in high cost area like CA.   

While you certainly can (subject to the contribution limits), your ability to make deductible contributions to an IRA is limited if your AGI is too high.

Right now, I’m especially interested in:How investors are finding and structuring deals in today’s marketCreative financing strategies that actually work in 2025Building strong, long-term relationships in real estateI’d love to connect with others who are in the trenches, learning, growing, and figuring out the best ways to build wealth through real estate.

If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.

Since the contributions have to come from the business income (PM biz) it’s not likely you’ll come close to taking advantage of the high contribution limits of a Solo 401k.

This may be controversial but it seems like you would be saving a lot of money at the moment given your reduced living costs.

Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?