This means if your AIO loan funds are directed towards significant improvements of your personal residence, the interest may be deductible.

Currently I have a traditional IRA in my Fidelity account sitting in cash that I would like to use to invest in a cre syndication or maybe a note or debt fund... but first I would need transfer funds into a self directed IRA with a company like Equity Trust.

I think the Greenville/West Side area gives you the best of worlds: socio-economic diversity, big lot sizes, proximity to new developments and low taxes.

Oftentimes when municipalities ban STRs they will grandfather in existing operators, but if you are mid build when they do that you’re screwed  Once you’ve identified a list of “safe” markets, compare them on Airdna to see where you can likely charge the most (I’m assuming building costs will be more or less similar, so you might as well pick the area where you can earn more revenue)Also, in this market you may be able to pick up land with seller financing instead of having to buy in cash or traditional financing … potentially low or no money down, and won’t affect your personal DTI.

The Federal Funds Rate...the rate at which Banks borrow from the Fed, is 5.25%-5.5%.

I have wondered though if there are government grants/tax credits for providing internet to low income tenants.

Unlike the midwest, our inventory in Raleigh is very very low and highly competitive because of that.

I highly recommend finding a market that is landlord friendly, cash flowing, doesn't have regular catastrophic events, property taxes are low, insurance rates are under control and you like the area.

@Walt Viera if you can't come up with 3% down to buy a home via FHA loan to house hack, then you're stuck with:1) Wholesaling2) Creative financing3) Finding a family member or friend to lend you funds or partner with you

I don't think a S&P500 fund is the most stable for long term support.