. :)If you carried your 2018 NOL to 2019 or carried your 2019 NOL to 2020 - you only have UNTIL OCTOBER 15th, 2021 to reaffirm this choice.

Good choice, with leverage it is a much better option, glad you saw the majority view, I have had a few people ask me the same question and they usually wanted to be super passive and realized RE wasn’t as passive as they thought, only reason I said stocks wouldn’t be bad.

Also given my financial situation, would it make since to go to the banks and get a traditional loan or a hard money lender. 

Reason bought house was in good area, was priced to point where if students didn't work out could revert to family home which ended up being a wise choice.  

Someone whom you have no choice but to work with? 

There are many other choices also. just put it in google and watch all the choice come up. 

@Steve SonnesonOne thing you may run into is a similar version of what we have here in Madison, which is an ordinance that prevents more than 2 unrelated persons to live in any house zoned as traditional residential.

If I assume a "small rehab" is $25k and purchase price of $100k, with a traditional non-owner occupant loan, I would want about 65-70k in the bank.  25k down, 25k rehab, and $15-20k for various other costs/overages.

A google shopping search (mainly home depot) has waaay too many choices that all look the same, so I'm hoping someone with more experience might be able to help me out here.

@Jeff He so you would do the traditional route of raising money by meeting an investor and going from there?