I may be overcomplicating things but I also dont want to just jump on the first deal that crosses my path.

One investor I know had a Section 8 tenant initially but chose not to renew the lease in order to bring in a more qualified tenant and increase the rent.You’re in the right place to connect with like-minded investors who have walked a similar path.

The thing that you have to remember is that the path of progress and a neighborhood "turning over" moves at a glacial pace.

Your path won't be the same as others.

Luck  - Colorado contracts are straightforward.5.

Did you happen to listen to a podcast or go to a seminar that’s leading you down a stupid path?

If I were to start my business over, I would definitely choose the path that offers quicker financial rewards.

That seems to be a straightforward solution.

I'm a big fan of the Spring Branch area for being in the path of progress and future appreciation.

Selling to an entity you own and renting from yourself looks like a tax dodge to the IRS, and they’ll likely reject it.Better AlternativesIf you’re looking to maximize deductions, consider more straightforward strategies like:Renting out part of your home (like a basement or room) while still living there.Keeping clear records of home office expenses if you work from home.Investing in other rental properties that aren’t your primary residence.Michael Plaks explained it really well in his response.