Using seller financing allows your in-laws to spread their $217K capital gain over time, reducing their immediate tax burden and helping you conserve cash.

Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

Are you able to reduce your expenses quickly and easily if needed?

We offer complimentary discovery calls if you want to speak with an advisor at my firm. https://calendly.com/d/cqns-67h-rhp/discovery-callThe Top 4 Investments Every High-Income Earner Should Make to Reduce Taxes - Mia Taylor AdvisorsInvesting in Real Estate?

Would it make sense to reduce risk and use his connections first and invest it that area?

Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly

The flat fee buyer agency fee reduces the amount of the buyer credit/refund, generally by $6,000 (although options range from $999 to $8999, depending on how much help the buyer wants from the agent).

I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).

The house is located by 410 and I10 highway close to the medical center in San Antonio area.