But mortgate interest can offset rent income (I don't want to pay tax on rental income).

I put "paid" in quotes because we traded our last low income housing rental for it;)

You can manage your own properties without a license if you didn't put the property in an LLC, corporation, or partnership though.Note that I'm not an attorney, just a real estate broker here in Michigan.

Whether it's building a passive income stream through rental properties or seeking appreciation in property values, there's something uniquely rewarding about the tangible nature of real estate investments. 

[Insert bit of personalization about who I am, my family, and build trust, essentially humanizing the note].I understand that selling a property can be a significant decision, and may not be one you are considering, but if you are, I want to assure you that I approach this with respect and am eager to explore the possibility of finding something agreeable for the both of us.Here are a few reasons why seller financing (you not the bank) could be beneficial for you:- Steady Income: Seller financing offers you a reliable source of income, providing monthly payments without the hassle of managing the property directly.- Flexible Terms: We can discuss flexible payments that suit your needs, allowing you to customize the agreement according to your preferences.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.

All income and expenses will be handled by the LLC.

Because of those concerns I think that a modified Brrr makes sense so that acquisition and rehab is covered in cash and ending with a low debt to income ratio.

Some of the benefits of investing in real estate are given below:Investing in a tangible asset that has historically appreciated over timeSpread risk by diversifying your portfolioIt can be a source of passive income, with minimal effort through short and long-term rentalsReal estate investment properties have typically been resilient against inflationDepending on investment type, tax benefits can be availedThanks to these (and more) benefits, you’d think investing in real estate was a no-brainer, and in most instances, you’d be right!

If you plan to hire a property management company, your most likely going to simply be an investor and just get passive income.

Hey @John Acheson, Dont let the tax tail wag the income dog!