It's a high risk strategy that you've chosen. 

Any recommendation on how to go about this, is highly appreciated.Thank you all.

High earners should also consider estate planning tools like trusts or Family Limited Partnerships (FLPs) to minimize future tax burdens.Given his income level and tax complexity, consulting a real estate-focused CPA is essential to maximizing deductions and optimizing tax efficiency.This post does not create a CPA-Client relationship.

.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

Low vacancy rates, rising rents, and high tenant demand for more space/good school districts. 

If you are a beginner, I highly recommend exhausting your conventional options.

You can even make collateral withdrawals as you pay down your principal.But these are usually high interest, interest-only loans.

High praise coming from you Steve.

This year is slower than normal because mortgage rates and home prices are so high.

No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.