Yes, the tenant isa good friend and can help him move out for sure, thanks for the feedback

Im trying to help but not lose money also.

That's the job.Good news: once you gain more traction you can leverage a cold calling VA to help with the initial contact (the most time intensive part of the process), I run a call center for Real Estate so I know this can work.

But I do work with a lot of out of state investors and help them to do BRRRR's in Detroit.

If you have any questions let me know I enjoy helping and talking REI!

Yes, we are all here to help you, but not spoonfeed you!

Our understanding is that the right structure could help us manage and potentially reduce our W-2 tax burden.

@Russell Brazil can probably help.

I can help with this, would need some more info in order to set it up and see your options though.

fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.