Professional tax software or assistance might be more suitable.Final Thoughts:Given the intricacies of these tax situations, especially with partial asset dispositions and accounting method changes, it would be beneficial to consult with a Certified Public Accountant (CPA) or tax professional who specializes in real estate.

Rainier.There are choices, but personally I don't think cashflowing there is easy. 

It's powerful tool for those who are established in their financial behavior and have some spending discipline, because it simply applies regular consumer banking behavior in a beneficial way to shrink the size and cost of mortgage debt faster. 

Commercial and multi-family real estate are great choices in Houston.Good luck!

We opted to go with a smaller renovation and it was the right choice in the end.

Of your choices, #3 makes the most sense, but it doesn't have to be a house hack.

@Darrell Kirby no approval is necessary.go to: https://www.michigan.gov/mshda/rental/housing-choice-voucher...https://www.affordablehousing.com/list-your-property/

Bite the bullet and replace it Cheap probably was not the best choice of words for some people. 

You made good choices with the books you're reading!

I've established a very stable  I've determined that local properties should be my first choice and by local I mean within 1.5 hours of my primary residence.