In past history (IMO), the ones that contribute less and stay home all the time seem to break more things faster and consume more things.....and sec8 requires you to repair or fix it.I do not take a loss for sec8 vs market. 

You will never pay more tax in recapture than what you originally deferred, assuming your personal tax rate stays the same.

With your strong W2 income, you’re in a position to recover and reassess your strategy.If you decide to stay in REI, focus on what worked—like your earlier BRRRRs and house hack.

Stayed afloat (barely) through the pandemic with NY properties so i've seen it all at this point. 

I am focused on building capital at the moment since it wouldn't be a primary residence for me, so I want to stay under $300K.

What you need to learn in your 20s is how professional business works, how to manage people and projects, how to run an organization and how to sell ideas and concepts.

Just remember the property must be owned by the IRA, and you can’t personally manage or use it—all income/expenses need to stay within the IRA.2.First-Time Homebuyer Program:  This is what @Arthur Flores was mentioning. 

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

I don't see them showing up or paying any of the back rent that's due to become current if they wanted to stay.

As we have all seen, Californians are leaving in droves over the past couple of years, and fleeing to Florida, Texas and yep...Arizona.As long as we continue to stay under LAs housing market for affordability, we are going to continue to net those homeowners wanting an upgrade to a bigger house or lot.