So you can scale that if you want.FHA is for people with poor credit and very little down payment.

If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.

Give them a 60-day notice, then charge them a prorated rent for the additional 20-day extension.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

While I wait for my work history, I want to build credit and save for a down payment.

My best advice is find a place that has a few rooms with square footage to add additional rooms and an ADU.

Additionally, the supply of homes for sale is constrained because of this and will be for some time putting upward pressure on prices in most markets.Thinking about renting your house in Seattle would be wise as someone else will pay the mortgage down, and rents and the value of the property will go up over time.

My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice! 

Generally, a loss can only be claimed in the tax year when the investment becomes completely worthless or when there is a final determination that no further value will be recovered.If the REIT has officially liquidated, been declared insolvent, or issued a final report confirming that no additional distributions will be made, you may be able to claim the loss on your 2024 tax return.