I dont see how the risk would be reduced on second mortgage unless you are planning to hold the property in some type of llc.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

I will focus on how to buy a retirement home in the future while benefiting from a high-performing rental property until you're ready.We have many California clients who plan to move to Las Vegas for multiple reasons.

What was your upstart expenses and do you consider it a profitable endeavor or something that just waste time?

It costs roughly $100/mo but is well worth the expense.  

Me and the wife are having a little girl so my plan is to wholesale for the next year to better leverage my time and really develop that one skill in my skill set.

Tended to leave off some categories of expenses completely5.

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

You need sufficient NET (after all expenses) self-employment income from something like contract (1099) work, being a Realtor, wholesaling and so on.

I think there’s some real synergy here, and we could come up with a solid plan to push these rural southeast projects forward.