Originally posted by @Phillip Behrens:Hi Everyone, been a long time reader of BP, but this is my first post.  

I'm currently based in Phoenix, having originally moved from Washington State.

@Mike Arias  When you convert your property from your personal residence to a rental property, your basis is what you paid for the property originally plus renovations you do in preparing it for rental and minus the land value.

In my opinion, the answer to your question lies in what you project the expenses of the sales side of the business will be. 

In that I would not own the home in my name (the trust would) under those assumptions.Is this even a reasonable strategy to jump start a real estate investment portfolio, any alternative ideas are welcome.I hope I have stated this with enough clarity, Please let me know if additional information is required to answer the question.

I'm originally from San Francisco, CA and started investing in 2021.

Real estate can be challenging for some people so ask questions and we'll try to answer them.Thank you Ken.  

Even if you have to pay more for the purchase think about the costs of carrying the real estate while waiting for the approvals  (debt service, property taxes, insurance, maintenance for the in-place tenant) and the additonal finance charges associated with originating an acquisiton/bridge loan and then a construciton loan at a later date. 

Fernando,This question is best answered by a FL agent. 

Happy to answer questions.