In return creating a tax write off for yourself.

Well I had this great plan to house hack my current PR by adding a small Kitchen to the already finished basement creating an ADU. 

Usually a house filled with junk creates opportunity if your the buyer!

Meet people and create relationships to try and make it happen.

How do you guys recommend structuring or creating a first deal to get a flip going or to get a first rental, even if it doesn’t cash flow much.

*This post does not create an attorney-client or a CPA-client relationship. 

Should I focus on just securing funds for the down payment and closing costs or should I be concerned about creating some sort of reserves for said rental property (to account for any vacancies and expenses)I assume I need to make sure that in the event I cannot rent out the property we are able to cover the expenses relating to this house in additional to our own personal mortgages but I’m not too worried about this (please let me know if I should be worried)Outside of my mortgage and some credit card debt which will be paid off by the end of this month I do not have any other debt.Are there other factors that I should be considering?

I have created OM for the properties and have found a few people who seem interested but, haven't heard back from them after sending a NDA and the OM.

Is the goal with rental properties to create immediate financial freedom, or is it to provide for retirement as part of a diverse investment strategy.

Don't create a chilling affect either.