It all goes to s***.

Goal is to have purchased one property by the end of 2025, s still have quite some time to get that done. 

Memphis is a great S-8 market!

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate) AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.

So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense. 

.: Quote from @Joe S.: Quote from @Luke H.: Happy New Year to all reading this!

What would be considered the easiest program for small hard money lenders to use to track loans and history and sending out 1098 's?

@Kyle Carter just because a building has all section 8 tenants doesn’t necessarily mean that the cap rate will be higher on exit but it might attract a buyer(s) that are focused cashflow and not appreciation; therefore a lower price to juice the yield.One of my non negotiables if I were you would be to only buy in an area that is desirable.  

Quote from @John Bowens: Quote from @Kevin S.: @John BowensAre you loaning from a pre-tax 401K or did you convert to Roth and then loaning from there?

If you go this route, be aware that you’ll lose payroll deductions—so you’ll have to track contributions on your own (see IRS Publication 969 for HSA rules).2.If You Own a BusinessIf you’re running an LLC or S-corp, you might be able to fund an HSA through that payroll.