The exterior is a bit sad - which worked to my benefit.

*Look for properties where you can gain immediate equity by buying at a low price.

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

Quote from @Noah Bacon: Hi Robert,Stessa and RentRedi provide different benefits and features.

And while these groups help you a lot with the actual strategy, the best part is the network you'll gain which pushes you 10 times further then googling all the free stuff.

Two other things to note about #401kloans:Possible benefit if the stock market turns south, the money outstanding against your 401k loan is no longer invested into the market! 

This is a significant potential benefit that can impact everything from security deposits to rent controls to eviction procedures. 

The hold time is usually between three and five years, and the overall gain is pretty high within a fairly short time frame.

In areas with rapid and sustained appreciation, you can use the equity gained through appreciation to purchase additional properties.

My main question is whether it makes more sense to go the seller financing route and pay off the principal in 8–10 years or stick with a standard 30-year loan.My thinking is that the tax deductions from a mortgage wouldn’t outweigh the potential equity I could gain over those 8–10 years.