I’ve seen some investors focus on surrounding areas or neighborhoods with more value-add potential, as they can offer better cash flow options.Curious to know if you’re also considering multi-family properties in the area?

Purchase price: $72,000 Cash invested: $95,000 Sale price: $140,000 househack double What made you interested in investing in this type of deal?

Quote from @Rud Sev: Hi Michael,Thank you, I will message my CPA asking for a more detailed explanation.I've been inquisitive with my CPA, but unless I ask question I do not get explanation (and unfortunately not a walk-through), although I've shown interest understanding this further and further.I'll try to reformulate my question more clearer (and with more data) - the problem that I have and will have is figuring out if my questions and confusion are due to a lack of understanding on my part, or my CPA is truly making mistakes.Regarding carry back, thank you for this info.

Do NOT buy more house than you can comfortably buy for the sake of potential future revenue.    

I plan on doing a live in rehab, moving out of the residence after 1 year and doing a long term rental after moving out.However, my lender told me I can not purchase a residence with an FHA loan under an LLC, which I now understand.In general, is it more financially beneficial (cash on cash return) to purchase:1.

Does anyone have any experience to share about properties in this country?

All younger people should be considering trades right now as that industry will be paying more and more over time.

That's why we started offering BRRR Turnkeys, where we help investor source a property (or they can find on their own), we rehab it, supplying rehab videos so they can see what was actually done.

We highlighted this on all our listings with something like, “No checkout chores!

Make sure you’re checking in on your tenants, getting them to document any damage, and having solid insurance coverage.