If this passes, there could create a BNB crash on PR, or move it into the black market cash business.

@Gavin Wynn how I work with my investors is to identify an ideal cap rate usually around 7 and we create a criteria for our ideal property.

Using the 1% rule for maintenance has be inline with the costs since I've owned the home.

so, what I want to do is to create passive income with cash flowing properties.

I think a more prudent (and achievable goal, not to mention far less financially risky) would be to start free classes/seminars to teach them how to delay gratification, increase their education and earnings potential, find quality and affordable child care (perhaps creating a "swap group" within your group for free trade-off CC), learn how to properly manage finances, and all of the other tools needed before you can even begin to invest in real estate.

The 50% rule is a federal flood rule that originates in the Code of Federal Regulations and is administered by local governments.

Normally you will want to also add in your site development costs to this loan So you can create your parcels and then sell them off.So you want to make sure you have Lot releases in your ( this is GA ) your deed to secure debt .

There are plenty of programs out there that will allow you to create a state-specific lease with all of the required language for your state and will also let you modify it to add your own special terms, like your parking requirements, quiet hours, how trash and utilities will be handled, etc.

It's a question of creating a funnel that shoots opportunity at you. 

Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.