As we flipped this ourselves from the roof to the flooring, we gained much respect to labor workers and realized even the tidiest things such as changing the outlet covers and installing new plumbing will take up a lot of time!

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

@Nikhil MascarenhasHow much debt on personal assets? 

I do plan on living in it for a year at least but I want to redo a large amount of the interior so it would be much easier if I did not actually have to be living in it yet.

That low rate will help maximize cash flow and long-term returns on your investment.

Well I invested to help a friend put a camper on it and we kind of talked about trying to go into business together. 

Once they are approved, they sign the lease and accept personal responsibility on behalf of the company.

We all know what happened on August 17th because of the NAR ruling and lawsuit.

Whether you're curious about the best cities to invest in, how to get started, or ways to maximize your returns, I’d love to hear what’s on your mind!

but not in a rush to put it on the market because she's busy. - A nearby similar property just sold for $350K but was updated.