This is so neither of us would have to pay capital gains on the sale since it actually stayed as a property for the LLC, my business partner was just bought out.

As you will notice that some of it was plagiarized by @Bill Hampton.He actually used to plagiarize the whole message.House hacking makes your tax situation more complex.You purchased a property that is treated as both an investment property and a personal residence.

This post is actually from 6 years ago, hopefully things might have not changed drastically in Sedalia by now.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

However, with this opportunity to actually be in Tampa in person we are hoping we can find a market near there that we can make work for us, since being able to visit the home in person will give us an advantage over trying to set up a team and systems without ever really spending time in the market we are investing in.

There is actually a BP podcast on that and how you can do great things in RE if you can just get over the initial fear. 

What Jason said is actually exactly what I was going to say.

Monday I actually found a podcast from bigger pockets and am about 30 hours into it.

If you can get it, then you actually have to brrr it. 

This is theoretically risky business because I give money to the developer against a piece of paper in a foreign jurisdiction and I might never get anything in return, as the project isn't even officially launched.