You’ll also be trading off appreciation for cash flow in those areas, so make sure to keep that in mind.If you’re eyeing a B/B+ neighborhood instead—think exurbs like Adamsville or Pleasant Grove in the west and Odenville in the east—you’ll likely be limited to condos or small fixer-uppers.

@Garrett Brown Yep...we're just trading bad seasons.

While these eat into returns, many investors find the trade-off worth it for the passive income and simplicity.3.

To get the best pricing and still do it correctly, you will likely need multiple trades, depending on what the purpose of each chimney is.  

if you're thinking you'll manage your BRRRR from your computer... nope. that's a recipe for disaster. 

Costs of set up of Trust, Costs to attorney to set up note, monthly costs to service the mortgage.Just my guess.My thoughts are if you have reached the level of a trade or business, then yes, these costs would be deductible.

I am weary of trading my time for money and wish to be more present for my children while building generational wealth.

Private placements are inherently risky by that very fact - they are not regulated or audited  to the degree that a publicly traded company is.  

Any time you can avoid adding more trade lines to your credit and increasing your DTI its best.

@Adriana Siu real estate is a long term hold, not a trade in my opinion.