The government says you can depreciate this property over 27.5 years down to zero and that loss can be offset against your W2 income ( I am not an accountant but that is a benefit that directly relates to you)4.

If you're unsure who this is, call the County Government.

You can even get government programs that help you with the downpayment since you're providing housing for the masses.

@John MoorhouseCollege and any FT job to get health care, and then Federal Government (non military) for last 24 years.

@Arash L. when I tried to use SBA, at that time (over 10 years ago), I could live in half and then be the owner operator of the second half, lot of government caveats and extra 3rd party closing cost, plus life ins. etc etc.

@Darius Thompson check online for the county government parcel service usually through the department of financeExamplehttps://ulstercountyny.gov/maps/parcel-viewer/

I have the ability to fund this now at a basic level but with full participation we can attend events and conferences like Pitbull and AAPL as a sponsor which gives us credibility and access to hedge fund level players and fund managers not just Accredited Investors.We will have a servicing company to handle the loans after closing.

You are right, the main goal of your first deal is to get started, get some experience under your belt and also gain some social credibility.

Her employer is with the federal government.

@Joe Splitrock I'm actually quite familiar when it comes to 1099 all of my job's prior to this one have been a 1099 I worked as a landscape designer for 7 years and a chimney sweep for 4 as a 1099 so I'm very familiar with that.The only problem is that I do have eczema, pretty severely. as a government job I would get pretty nice health insurance but also if I go and work at Starbucks for over a year or something I get health insurance there too hahaha