Will,That's a question that involves a lot of detail and conversation to map out the LLC, Financing, Grants, and percentage of partnership should you decide to acquire more than 5-10 properties.Feel free to reach out if you want to discuss the scenario and I can try and detail some tips from my experience. 

I will continue to invest in California because of the high appreciation and high rental income.I hope this helps and if you have any questions on how or where to find some deals, feel free to reach out!

So you get 57% of $400k tax free and pay tax on $172k. 

If you are need of a good reliable contractor please feel free to reach out to me.

If you have any questions feel free to send me a DM. 

Getting high cashflow and not having to get a big loan or much risks to start out. 

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

Start buying warranties so you don't have To deal with the headache. add 0.5% to the purchase price, make it part of your sales process. hedges and shifts the risk. you can get 10 year builder policies underwritten and approved. that's how we do it. anything we can do to lower the risk for ourselves is ideal.

Please feel free to use code VENI324 when upgrading to get your investing career going!

What's the anticipated free fall for this?