People are spending 400k for an ADU but Boxabl offers a studio, with appliances, full kitchen and full bath for 60k.

@Chris Ke With $200K for a down payment and the ability to invest full-time, consider starting with a 4-plex or multiple single-family homes (SFHs) within a 5-hour drive of Los Angeles in areas like San Bernardino or Riverside.

Many investors share opportunities, tips, and advice in these groups, which could lead to mentorship connections.Shadowing tips.

The game plan would be to keep this structure for 1-2 years with future full sale.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

Thanks for the tips!

I’d appreciate any guidance or tips to get started on the right path.

They can be great for spotting opportunities early.Good luck, let me know if you need any help and keep us posted on what you decide to dive into!

I’m Hubert, an aspiring real estate investor and entrepreneur, currently balancing this journey alongside a full-time career.

Keep in mind the more you write off the less money you will show as you net.If you have (2) full years and depending on how the accountant files your taxes you will have a schedule C more than likely or another schedule that shows profit and loss.