I wouldn't even consider this scenario if you have no business managing a flip, and you have never done renovation projects, as that is an arena where you need to have built experience and connections to just be OK.Let's consider that you decide to save just enough ($75k) and grab a $300k single-family rental with 20% cash down (plus closing costs) and you just rent it out (not owner-occupied) and you have limited reserves.  

Hey James - Happy to connect and take a deeper dive into this.

That would effectively cancel out the benefit of adding the labor to the Cost Seg.

I am looking to connect with real estate investors and other real estate enthusiasts in the area.

Not sure where we should connect though.

By integrating CPAs into the initial discussions, real estate funds can be structured more effectively, with tax considerations and financial goals addressed comprehensively from the start, ultimately avoiding costly amendments and adjustments down the line.

Message me and let's connect!

Happy to connect and share what we are doing to get our units rented.

I'd love to connect you two! 

James has time and time again always posted extremely helpful information on every post, he would be a great person to connect with.