Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusionThe answer to your $10,000 question is it depends on if the unit is in service and what the breakdown of the $10,000 is(repair vs improvement) and if there is any safe harbor/election to currently expense the items.

We hold monthly events throughout the Greater Philadelphia Market and will update once they are up and running again on schedule of events on here ASAPLet me know if you have any questionsRegardsJoe Scorese

I occasionally would hear opinions that 2008-09 was a once-in-a-lifetime event and the next recession will be more mild, plus it will probably be caused by something other than housing, implying that multi-family won't fare as badly as it did back then, which wasn't bad at all for some operators in some markets.

Humanity is on the brink of greatness, and all we need to do is shift our mindset for what we use all of our hard work to accomplish.If this is inappropriate for this forum, I apologize for not conveying this in a way that matters to you, but I argue that the underlying ideas can be converted into anything you put your mind to.Sorry for formatting errors from pasting from google drive.Find houses that are falling behind on repair and maintenance.Bike and walk dogs through the current neighborhood.Recently widowed homeowners are a good candidate.Find a small amount of time to donate to helping neighbors do easy projects.Use this time as an opportunity to learn what they need, what support they have, long term goals, etc.Create community events to take care of the properties that are farthest behind.Create an actual govt program to be more productive with govt owned properties.Instead of selling the property to an investor, fix the property with the specific intent of providing housing for some form of underserved population.This is the reasoning behind structuring as a non-profit.If created correctly might be a great way to scale by using other “flippers” as partners.

Bonus: a loan isn't a taxable event, so you don't pay any taxes on that $27k.

How capitalized are you (what is your ability to absorb big expenses if/when you have them like a major capex event)?

Private lenders are people you have met at a REIA group or other event and it requires relationship building.  

It's listed in the BiggerPockets events listings but does't seem to show up when I search for it...  

People remember the last major event that happened.

Are there any investor groups in the Houston area holding virtual events during the COVID lockdown until they can meet face to face again?