Depending on the cost of the property and your specific situation it may be advantageous to look into a cost segregation study which will allow you to take advantage of accelerated depreciation and due to the new tax law maybe even bonus depreciation depending on when contracts were signed to purchase the property (after 9/27/17 qualifies for 100% bonus depreciation on assets with life of 20 years or less - the 5 year tangible personal property and the 15 year land improvements in a rental) If you have any questions on how that works feel free to PM me.Hope this helps.

My choices are limited to a few locations and I will move within the year.

Unless this is in a really nice area, my limited understanding of Kansas City is that you should be able to find higher returns.

First thing- just study up.

I’ve heard that the federal government has set a limit of 10 mortagages per person.

She asked my wife if there was a way for her to buy a house with our help, and ensure that we own the house so she can rent from us.We want to help her, and we get the asset in the end out of the deal.My problem currently is that I am studying for my Real Estate License, and I have a bunch of keywords at the forefront and I think I am over complicating it.So...if she buys the house with the mortgage in her name and just puts us on title thatd suffice?

I have a bunch of friends in med school who spend all day every day studying.

This limits your refinancing and flip options until title is clear.

@Daniel VillanuevaTake the next 6 months studying everything on this forum, read books on real estate investing, listen to the pod casts.

I’ll definitely study the laws for CA regarding renting.