BiggerPockets just went live with the property manager referal program last week.Click on the Build Your Team option at the top of your page.

Tax optimization is a powerful aspect of investing and most people don’t take advantage of all the options.

Glad to see this thread pop up, I was just looking for more info on SFR to assisted living conversions myself...Is there a good source of beginner info on where to start down this path?

You MAY be able to garnish wages, BUT most tenants may not earn enough to do that and that may not be an option in all states.

Keep in mind if your jurisdiction prohibits discrimination based on source of income this works both ways... market rate tenants have the same right to rent your place as those with a voucher.

Thank you Korey,it does leave some options.

I would try to avoid it on your very first deal but plan your exit right with multiple options.

Owning in an LLC will also limit your financing/refinancing options.

According to my research, BRRR could be a good strategy to start with to increase cash reserves and then go for buy and holds...I'm interested in Oxford Houses or other group home options or other ideas I haven't thought of yet!

Nothing wrong with using a broker to work on your behalf (assuming it's a good one) with various lending options, but you should be aware of that by this point in the process.