I decided that I wanted to take advantage of this benefit by buying a property to eventually rent out (after meeting the 1 year primary residence restrictions).

Our household income is currently $320k pre-tax, but I might be getting a new job soon, which could bump our income to around $380-400k pre-tax.Initially, we planned to buy a property and convert it into a duplex, but with houses in our area starting at $650k, we've started considering a different approach.

Depending on location they can cost a lot to replace but when you factor in what you save from paying sewer bills it’s cheaper in long run.It would not stop me from buying a house

Something like 95% of chapt 13's fail and are converted eventually to chapt 7.While in a bankruptcy, the court decides what you can and can't buy.

Milwaukee born and raised—I currently live in Madison but I still travel to Milwaukee frequently and its where my family and real estate business is.My faith in Jesus Christ is a huge part of who I am and guides everything I do.RE InterestMy Real Estate Interests currently included, small multifamily buy and hold, house flipping, house hacking, and BRRRR.

The biggest mistake many make is purchasing their first property in low barrier markets with poor fundamentals  solely because the real estate is inexpensive and it’s the only place where they can afford to buy.

Investment Info:Single-family residence buy & hold investment in the White Mountains of NH.Single family buy and hold property with the primary goal being STR income and appreciation.

There is somewhat of a "glitch" in the market were rate-term refinances at 80% are available, "punishing" those that buy in cash instead of hard money

If you’ve never owned a rental before, I’d highly, highly, highly advise staring out much smaller than 13 million and 100 units, and frankly unless you have 13 million in cash no bank is going to lend someone with no experience 13 million dollars, I’d start with multi family in one of three places, a class Baltimore, canton, fells, Fed hill etc, Frederick or the eastern shore of Md all of those markets are somewhat affordable have good tenant mixes and a relatively safe, see how it goes, if you like it, than buy another 2-4 unit, than another maybe once you have 8-10 units if you still like it, still are making money than go for something bigger.

Will likely buy in the Wheelersburg, OH area as it is nearby... and almost always appreciates.