Plan is to purchase a couple homes over the next year.

After the operator exceeds 90 days in a calendar year, the conditional use permit process must be started.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

That being said, I had to translate a lot of documents on my own for the loan process, so there was more effort involved.

How feasible would it be to transition her to Section 8, and how long could this process take in Brooklyn, NY? 

My plan is to add 2 - 6 shipping container type of small houses and an above ground pool at some point to make at least a section of the property short/mid term rentals.

Where do you plan to find your deals?

What are your investment plans moving forward?

A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.