Hey @Darian Gore, While I am a bit biased, I would 100% recommend you work with a tax pro for your taxes.

Insurance, tax, tenant info, leases, applications, listing/marketing docs, water, notices, repairs, logs of maintenance and tenant damage, etc.

I’m 21, and after taxes and all expenses I have $55,000/ year I’m able to invest.

Insurance companies often obtain the floor area from the tax assessor and base their coverage on that, @Ryan Fox. 

Since he’s 62 I know we can withdraw with no penalty, but is there a way to avoid taxes ?

I can’t help but think I’m running out of my youth to do physically taxing things.

The laws also make you register and pay hotel occupancy taxes, with some serious penalties if you try to not do either.Also, Airbnb doesn't work everywhere here.

DSCR loans are underwritten based on your credit, liquidity, and the rent you will receive vs the principal, interest taxes, and insurance.

The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining work for the bookkeeping team.Example: We're buying a 40-unit apartment complex (in Michigan) with an annual property tax bill in year 1 of approximately $50,000.

You're completely deferring all tax on gain.