If you think ahead, you can minimize recapture with the right tax planning.So...

I know you want to get your hands dirty, but don't rush into anything.

If you just called someone up and asked how you could help them, you would be ten steps ahead of Bobby, who is stammering through the first line of a script from 1974 about a cash offer when the homeowner bought the house for 51k in 1978 and it's worth 804k (aka does not need cash, he needs a place to go).Agree 💯!

On paper sit down with a realtor and an REI investor and build a scaling template so you can see the path ahead.  

@Staci Kou I think it's a good idea to show them the lease ahead of time and they can show it to their parents if they like. 

Quote from @Tar-U-Way Bright: Quote from @Shannon Strickland: @Tar-U-Way BrightI too house hack and learned everything I could ahead of time from BiggerPockets (e.g., bootcamp, forum, books).

When the market swings the opposite direction, you'll be ahead of the game.

Just a heads up for future reference.

If this Cap is allowed to expire, I would think that there will be a rush to take advantage of it.That should increase demand for higher priced Homes because the Standard Deduction gets reduced significantly AND you can go way above the Standard Deduction by Itemizing the SALT Deductions.If your comps are Single Family Homes and/or small Multi-Family that can convert to an Owner Occupied (think BRRRR here), it is well should rise in value as the Federal Tax deduction lowers the monthly payments for every homeowner with a large Mortgage that also pays State and Local Taxes. too funny I had not thought of the Salt deductions in years and today it popped into my mind then you post this.. very true for high priced markets this will be a huge bene

Your property management background will give you a head start.