I personally don't mess around with landlording and loans any more.

Right now, I'm mostly a stay at home dad, but my dream is to start looking into that more seriously once my young kids are all school age in about 3 years, something that I can do to earn my family some additional income while maintaining flexibility to take care of the kids outside of school.

It seems like if I could put together 3-4 people who are interested in the same deal, and get them to pool their capital together on a flip, you would lower the per-person risk, you would allow more investors to enter the market. 

From a tax planning perspective, you are only allowed to start writing off the home once it is placed into service (once the lease starts).You are also only allowed to write off the depreciation, and any other costs or losses against the earnings from the property.That is, unless they get the real estate professional status, which requires 750 hours a year working in real estate.

@Munjal Adhvaryuare you able to travel in person to your target market to build a team and look at properties?

Call the city development person and see if you can find out what is driving the growth and if they expect it to continue.Maybe it is a great bedroom city and lots of people commuting to Birmingham?

What's the best credit union in Atlanta to help with funding deals with a personal loan and build a long term relationship?

Love the STR arena of investing and providing a place where guests want to pay you their hard-earned money to stay at your place.

Cash flow not primary focus for at least another 10 years but rather asset value growth but would not want negative cash flow.Anti-Goal: Not risk personal assets, no stressful work, not very handy to do much work myself.What I am looking for:1.

You likely won't be able to take any deductions on your personal income, but real estate does have tax benefits.