The townhome should be delivered in July so hopefully if that is on track we'll have a better idea about Bennah Oaks!

Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do...

If you partnered with someone other than your spouse then yes, LLC was a good idea, since you now have a partnership.

Doing an unsecured loan is a horrible idea. 

Let’s turn ideas into action!

Are you interested in S8 because of a personal reason or you think it's the next "hot" investment idea?

We wouldn't plan to sell the property anytime soon so I would think we could avoid the capital gains with it becoming our primary residence.Can you please elaborate on the partner idea? 

Okay, I have not heard of this strategy but I had an idea.

I’m currently active on BiggerPockets to connect with like-minded investors, exchange ideas, explore potential opportunities, and provide opportunities through my network to collaborate with others.

Also, the idea separating them is so you don't accidentally spend them and then no way to pay it back when the time comes.Some states if you don't refund the security deposit within X amount of days, the penality is that you will have to pay back the security deposit x2.