Debt service on this is $2308/mo which seems really high.

I'm particularly interested in the following areas:* offsetting ordinary (w2) income with bonus depreciation (with cost seg) on RE investments as REP* 1031 exchangeI already read a lot on those subjects, but I still have questions, so I need someone with lots of patience to listen and answer my questions.Appreciate your help!

The problem with a cash offer using hard money is it still has to go through their underwriting and there is a 3 week turn-around, so the deal would fall through if something didn’t work out.

@Mario Morales we would definitely use Zillow for something like this.

Quote from @Jesse LeBlanc: I can TOTALLY see this happening! 

Whatever you use, highest mil layer you can afford, 100% vinyl so that it's waterproof, use a good underlayment. 

This is a great place to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

Ok @Marc Shin this is such a loaded question!

I have no debt, a good stable job making about $60k+ gross, and $20k saved up with about $10k in my 401k that I'm thinking about using some if not all of it towards the closing costs of the home I want to buy.

Welcome to the community and be ready for a huge amount of information at your finger tips.