This is typically part of the screening process to ensure that the property meets occupancy standards and to prevent overcrowding.

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

I have someone who wants only 41k for this property with about 21k worth of repairs. 

My background is in architecture, based in Southern California, looking to get into real estate investing, both flips and long term rental properties both in California but most likely looking to start in other states.Happy to be here and look forward to learning from everyone!

House hacking is going to allow you to get into your next property for 20-30k on the low end.

Happy to connect &help in the Los Angeles, CA market! 

Not qualified for any public/non-profit assistance.Am I able to run traffic to this offer legally?

You could go into NJ (although the cost to play is high in Northern, but the rents can be very nice), or you could bypass and head into PA near Delaware Water Gap and get low taxes and good renter options.

What made you interested in investing in this type of deal?