The property was foreclosed on in November 2023.

Who is going to look at the properties?

Maggie, keep in mind that pricing is based on demand so “expensive” property will usually outperform “affordable” property that is affordable because it’s often a crappy house in a crappy neighborhood that will attract crappy tenants.

My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level.

The first one that comes to mind is property management.

Not sure I'm quite in the position to mentor, but my wife and I have house hacked and broker a lot of rent by the room properties in Atlanta.I'd be happy to share a few nuggets!

It ties up your liquid assets into a property, slowing down your ability to grow/scale. 2.

Also, be cautious when using a HELOC as a down payment on your next property.

Hey All, I wanted to get some advice on how to use other people's money to purchase a long-term rental property. 

Or, I sell the Stockton home and put the money made, along with my savings towards the Sacramento home and be mortgage free within the next few years.My long term goals are to have cash flowing rental properties, but to also be financially and debt free.