That may be heresy in today's market but I still stick by it.Trying to think of other ideas, I'm not sure if this is an on-market property or not, but especially if it's not, there could be the possibility of paying the seller for an option to buy the property at a certain price within the next year, and letting the seller continue owning it through the winter, then you exercise your option and purchase it in the spring once the ground has thawed out.That's a much easier concept to pitch to the owner if they don't have a real estate agent who's basically just motivated to sell it and get their commission ASAP, but if they've had a few deals fall through because of the failed septic then even if there's an agent, maybe they'd be open to it.Alternatively, and maybe simpler than an option, would be just putting down a decent-sized earnest money deposit and having a closing date in the spring - basically an unusually long period for the closing.

Encourage each other and assure one another that you are in it for the long game, not so that you can brag to your friends that you are investors.

Get the marketing going, get some experience on the FIND side of the game.

I am new to the game so maybe im looking at it wrong I hope not.

I'm suspecting that it does not because I don't see how a carry back would work for PALs.No, passive activity losses is a completely different game from NOL.

Also my end game is to have my own property management company, not just join a property management team under a broker.

Just outside of the city is pretty suburban if you're looking into the SFH game. 

Hey Jason,I'm new to the game as well and I'm in the process of looking for a house hack too.

Additionally, most private lenders want to see their partner have some skin in the game.

I’m new to the wholesale game at age 19.