You might also want to explore IMPACT Plano, a local investor group that focuses on networking and education for investors in North Texas.

Midland – Oil can impact market stability here, but it’s possible to find lower entry prices, making house hacking more affordable.3.

I bought my first 2 flat in Chicago in 2022 a 203k fha renovation loan, moved in early 2024. March 2025 will be my 2 year mark. Most of the renovations we did were upstairs for the tenants unit (duplex up). Added a be...

That might give us some ability to sell our ADUs separately  Ab1033 has no impact.  

The reality is that the tax impact and ability to take ANY losses (as Michael mentioned) is based on a number of factors that include whether or not it is a "separate dwelling unit".

It’s important to weigh how much that impacts your tenant base, especially if you’re planning to rent to families.

Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I seldom sell so I would keep the property even though the low LTV impacts the return.  

Besides everything mentioned above, the finishes can have an impact on pricing:Granite countertops, flooring type, who new everything is, etc.

You could have sent him to collections and this would destroy his credit, which could impact his ability to purchase a home, qualify for a car loan, and possibly even cost him his job.