No lenders going to do your loan knowing that you plan to cash-out refi the max LTV to defer taxes and then go and pay taxes on the remaining profit, because that would result in the lender getting an early pay off within 6 months.

My plan was to keep renting the house, however, the property manager has given us an estimate upwards of 30k in repairs for it to be in rentable condition again. 

The first result was a thread from this site and I was floored at the amount of information I learned!

Love to hear your thoughts- AC unit needs to have an exterior side panels and brackets to support to secure the unit- Do not screw into the window sash as this will damage the window and you will be responsible- Install weather striping to avoid water or critters from entering your unit- Unit needs to be tipped towards the outside to avoid condensation and damage to floors- Landlord is not responsible for their Air conditioning unit if broken- Tenant is responsible for window, floor, ceiling damages caused by poorly installed window unit- Window unit should not be installed before May 1st and must be removed by Oct 1st

🌎Based in Suwanee, GA (Just north of Atlanta near Alpharetta), and planning to invest in Forsyth County, GA and in Lake Junaluska, NC (30 min outside of Asheville, NC) 💫 I plan to buy either a STR, a BRRR, or flip a nearby property in my zip code to learn more, and find out if this is right for me🏠 First got interested when a very successful colleague and Product Manager at a startup in LA left that world to get involved in STR in Joshua Tree, CA.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

We plan to launch this in a few weeks, but you need people to interview right away, given that you are likely in process of being robbed. 

I plan to start house hacking not too long from now but am currently trying to talk to local investors and talk about there experiences with investing locally.

Use plan for cash purchase at list price $100K and title the property to solo 401(k) plan. 

See the source here:https://www.irs.gov/retirement-plans/plan-participant-employ...Therefore, if your property management company manages 401k-owned property, it would be breaking two IRS rules: - Furnishing services to the plan- Receiving personal benefit (compensation)