And this is your best chance of house hacking while covering most of your living expense or maybe even cashflow if you buy in the right area.Hope this helps!

They remain distinct on Form 1040 with different tax treatmentOnly capital losses can offset capital gains (except for the $3,000 allowance)So even though material participation makes the loss non-passive, it's still an ordinary loss that cannot offset capital gains from stock sales on the return.The only way capital losses can become ordinary is upon the sale of your property, and that loss could offset your W2 salary.  

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

Remind them of quiet hours, city ordinance, right to quiet enjoyment, etc.

Often, other investors are willing to share tips or even collaborate on data acquisition.• Hybrid Approaches:Some teams combine purchased lists with public records to cross-reference and validate information, which can improve call success rates.I’ve found that a bit of trial and error is often necessary to identify the right mix for your market and team size.

STR feels more like a strategy to break even or eek out a meager return on a great asset than a strategy to cashflow.

The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generate profit.

One might even invite you to visit one of their projects to talk about it in detail and give you a peek behind the scenes. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I dont even think a buyers list is what you need.