Here is a link you may want to explore that should give you the answers you are looking for: https://www.irs.gov/credits-de...

This was thrown at me as I was looking for just a single multi family Home in the area, so I wanted to know if exploring these options were reasonable as a first time rental buy.  

Hi everyone- I just joined Biggerpockets and we are starting to explore potential OOS markets to invest into. 

There are creative strategies out there, I think one worth exploring for this particular scenario is the "subject to " .

Let me know and I’d be happy to explore your options and answer any questions. 

As your kids grow you will get an idea of their responsibility levels and what they can take on.

In terms of other options, I explored hard money loans and piecing it together by sharing equity with friends and family, but if I hadn't found a replacement for the traditional lender, then I probably would just walked away and licked my wounds before getting back after it with another property. 

Or am I, as the kids say, 'a total noob' Thanks guys!

If you rent to a couple with no kids and they have a baby, you are then required to delead the unit with the added expense of putting the tenants up in a hotel during the process.

I decided to explore Airbnb Arbitrage in South Florida!