This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.

If the place is vacant, you are still taking that money out of your own pocket.I don't disagree with having a strong cash position; most of my properties are f&c.

If you use it as several down payments and use leverage you could be off to the races with many more Class B or C units that will still cash flow for you.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Highly suggest some YT videos for training / help on the platform.

Meaning, a Class C Neighborhood will have majority of Class C properties, but there will still be some Class B and some Class D.

Based off videos and research i have done lots of experienced people say the homes should be under $10k.

(c) Minimum front yard: 30 feet distance from front property line to building.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.