It's performed well (except for the air conditioner broke) but was also more work than anticipated.Part of the question with regards to house-hacking is your current living situation. 

There are three safe harbors that businesses may use to meet the test.Half of the amount the business spent on services were for services performed in a QOZ.Necessary business functions and necessary tangible property was located in a QOZ.Half of the hours of service received by the business were performed in a QOZ.A business does not need to meet all three safe harbors to qualify.

But I do have the knowledge, and the tools to perform those tasks.

Maybe it would have skyrocketed our performance, but I doubt it.  

Hi all! I’m a real estate investor based in Indiana. My husband and I primarily invest in long-term rentals here. It’s a solid market with a median home price around $250K and a rent-to-price ratio of roughly 0.8% (po...

@Guenevere F. you're going to need 20-25% down to get a mortgage.If you target $100k, that won't leave you any funds for closing cost, maintenance or emergency reserves.You could try targeting around $80k, but the $16k-$20k down payment would still not leave you with enough.If you buy under $80k, you're probably buying such a low-end property that it is unlikely to meet your performance expectations.

As for properly collateralized performing notes in Vegas I think those are quite safe.

We have found that setting our expectations about what we want is helpful (financial performance, level of renovation we can handle, forced equity opportunities, number of bedrooms, etc) and then waiting for a deal to materialize. 

It creates over-leverage and the performance of one property is dependent on the other.

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.