Transfer it to a company like quest or advanta or another ra that allows you to self direct it and control the investment Just be aware of self dealing and make sure you use a property manager etc.

Also, hard money loans are not allowed on primary homes.  

Non deductible, Better Proximity securing loans) "ROIsoonest months"        Unknown*  “Cheapest”. 2nd. 3rd     Unknown* Deals, Off Market, brokerage, government, 4thJudicial, Move to USA 1031Tenant Management due diligence   Unknown*Previous landlords Credit score,eviction record, income to debt between 40 and 60%,hours at home,Pets, poor character appearance Ie tattoos,drugs,crime,personality,dirty car.Value Add focal points          Unknown*Raise the rent,Rehab, maximize rooming, section 8, Reducing management “general”Rehab etiquette       Unknown*compartmentalizations & entry,Colours, Lighting, Fixtures & Amenities, floor, bathroom cheaper / kitchens, fixed stylization.

Unfortunately my complex won’t allow-but great idea for future investments! 

While going to school I rented one bedroom out which helped pay for various expenses and as money allowed I was able to remodel and update the home.

You may be able to carry a note on the property but I believe it is hard to find lenders that allow that. 

Unless you can handle that shortfall AND you seriously believe the area will appreciate, probably not a good idea.Check to make sure that the HOA will allow rentals.What does your rental market look like? 

.- Property receives one set of taxes- Both houses are approximately the same sq ft. (1300)- Two single-family homes, not attached (two different addresses)- Property size 0.45 Acres- Township won't allow subdivision unless each house sits on 0.5 acre lots- Will reside in one house upon purchase, and will rent out the second house- One house currently rented out for $1,400 a month with a one-year lease- Purchase price $260,000Looking for ideas or best ways to finance this type of property!

1) You would pay tax on the sale of the properties(assuming there is gain)2) You would lose out on the mortgage interest deduction for the properties being paid off which may increase tax burden in the future.

How does the tax-deductible work in this situation?