if you buy, develop properties and then sell them.You are considered a 'developer' and the land / houses are inventory. therefore, the income would be ordinary and not capital gains.

The particular place I have in mind has a 1 acre lot and the house probably needs  $60k to work on it (this was guesstimated by my coworker who wanted to buy it).

I don't wanna waste time if I know they aren't gonna qualify, but I don't want to be accused of violating fair housing laws here

My idea is to buy a house and rent it out, so it can pay for itself while I live in a family-owned house.Would you recommend buying a house in Orlando right now?

All in-person meetups are a great way to get started and meet other investors who have done what you want to do.If you want to house hack that first multifamily, you will not use DCSR.

No matter where you choose to move, you are perfectly set up (if the money works) to house hack with your wife in one unit of a two-family and then to mid-term rent the other unit because of your medical connections.

Find a house for sale where the owner owes no money (nationally, about 40% of homes are owned free and clear).  

Is there decent demand for shared housing in Cincinnati?

While renting to Section 8 tenants can reduce the risk of non-payment, your property must meet specific standards and pass inspections by the Public Housing Authority.Please feel free to DM me if you have anymore questions or if you just want to discuss further!

That could potentially be risky.Can you house hack?