I understand that navigating the minimum loan amount restrictions can be tricky, but Chase is known to offer financing solutions that could potentially accommodate lower loan amounts, possibly even down to $50k, which might align well with your investment goals and the price range you're interested in.If you haven't already, reaching out to Chase could provide you with some additional flexibility in your property search, allowing you to stay within your desired price range and maximize your monthly cash flow from the investment.

Failure is a great lesson but you will fail less with someone who has real life experience.I just placed a person brand new out of college in a triplex and I said you know if you really want to be a legend get an RV and live in that while we renovate the other units for full potential. 

However, if the thought of diving into tax forms and recalculations seems daunting (and it can be, given the complexities of tax laws and the potential for significant financial implications), reaching out to a CPA might be the smarter move.

If you're just buying the building the building and leasing it to an operator, your list of things to do and potential bumps in the road are somewhat reduced, but either way, proceed slowly and methodically, especially if this is your first RAL.

To ascertain the effect on your tax status, including any potential advantages and deductions, speak with a tax specialist.Consider how your condo purchase fits into your long-term real estate investment strategy.

There are strategies for folks with short-term rentals (7 days or less) that could work here potentially. 

Hey there, if you are in Cincy on the 15th, this a potential event to go to- https://www.eventbrite.com/e/carex-free-monthly-brokeragent-meet-up-tickets-807011241347?

How does one research insolvent owners/find defaults and to pursue potential fire sales if/when said defaults occur?

Embrace this win-win opportunity and unlock your rental property's full potential with CityFHEPS tenants.

Nor are we fiduciaries – another red herring.Educate yourself about the licensing and usury requirements in your state before you speak to a potential lender, @Nicole Austin.