Hello BP community!
I am currently looking for a reputable property management company and also a real estate attorney to add to my team! I live in CA and I had a family member helping me manage but they just moved a...

Profit could be nominal but still needs to be something. this is not tax advice, I am not a tax advisor seek your CPA. 

Jurisdictions more apt to levy penalties/ fines because they view it as out of state owner since borrower not on title - so any violations are sent to you since you home title.Regarding collateral1.

@Brian W CoffmanSince you are 59 1/2, you can withdraw from your Solo 401k without an early distribution penalty.

You certify under penalty that you intend to owner occupy one of the units.

If the repairs are that extensive I would use other means like a portfolio rehab loan or a hard money (Preferably with no prepayment penalty). 

Join a mastermind group, meet up with fellow investors in your area, and seek to provide value to others in any way you can. 

There are plenty of lenders that will offer that at this point and I would suggest seeking this out as well.I hope you don't mind me saying it in these terms but it's time that you have more cash flow with less restrictions. 

Hello BP I live in Chattanooga and I am working on getting my real estate license at the moment. I plan on buying a duplex for my first property and house hacking when my lease ends in May of 2022. Considering my circ...

Be sure to understand the challenge and penalties if you don't deliver the home vacant.