Are you still planning on paying 8%....does this mean you will reduce your target payout?

Are you still planning on paying 8%....does this mean you will reduce your target payout?

Good question @Naomi Hanson.1031 sets a tight window to find a quality property, and Opportunity Zones lock your cash up for 10 yrs... many times those who invest in large MF that conducts a cost segregation study to greatly reduce or in some cases eliminate their tax exposure without those constraints.

It is like watching CNN where 24/7 they get hit with all this information-and not always accurate info, but a spin to get more people watching the news.As for investments, it can be stressful not knowing what is happening next; but there have been problems in the past and there will be more in the future.

I had done this in the past for out of state renters, and just rented one apartment without an actual tour this week.Once I get the last few tours filmed this week, I will have the prospective tenant view those prior to booking a tour, and feel this will likely reduce the number of tours this season. 

That longer term does reduce your monthly obligation a bit which helps your numbers.

If the HOA has adequate reserves and cover exterior capex you could reduce it.

I was so motivated to get my first house hack, and 2nd 4-unit property (1st one was 25% down conventional)I'm just disappointed that all the podcasts i've listened to, i've never heard them mention this self sufficiency rule... completely changes my plan, and reduces the income I was hoping for dramatically.

Also, being that the home is under an LLC,...does this automatically make the rate higher or is there a loophole where I could live in it for a certain period of time under an LLC and get the reduced interest rate when we buy?

from my understanding all hearings for all areas are being postponed so i do not think it is a reflection of them siding with tenants over property owners but most likely just trying to reduce gatherings.