Seek advice from a financial expert or real estate specialist to enhance your comprehension of the real estate industry and funding alternatives.

Carrying out a comprehensive property analysis is key to pinpointing amenities that will draw in tenants and optimize rental revenue.Decide on your plan for house hacking- will you reside in one unit and lease out the other, or rent out both units and live elsewhere?

Right now we require two incomes in order to afford the mortgage and looking to downgrade/rent for a while and be a single income household so wouldnt be able to pay the mortgage for the house unless its being consistently rented on FF.

Proper is expensive but very comprehensive.

A pretty comprehensive list was provided here. 

Networking with other professionals, conducting comprehensive property analyses, and exploring alternative investment options such as syndications or crowdfunding platforms can also be beneficial.

I invest in a syndication and receive a K-1 showing a 100k lossQuestion:  What additional steps would I need to take for me to be able to use my 100k loss from my K1 and use it to reduce my active household income?

This post does not create an attorney-client or CPA-client relationship.Thanks so much for your comprehensive reply, Katie.

@Joseph Weisenbloom's post is the most comprehensive here, I agree with all of the recommendations.

You can also try direct mail to targeted households.