I don’t mind the concept, but the town needs to keep in mind that fines need to be notified promptly.

I've heard the words "Tax Lien Certificates" and "Notes" come up in different information I've read and while these concepts are foreign to me, I am interested to learn more about how they can fill out the "asset" column in a portfolio.A huge thank you in advance for your help and support!

It is the same concept as how big tech companies save billions of dollars on taxes legally.

Overall, a structure is important and maybe that whole "Less is More"concept too.

You will want to preserve cash for improvements and future investments.Your concept of purchase, live in it a year and turn it into a rental is solid!

Somewhat tangent to this subject and probably a bigger attribute to the overall landscape than the mom-n-pop owners of a 6 unit, is the concept of baby boomers driving rental demand and ultimately lower SFH housing demand:https://therealdeal.com/2018/07/20/could-baby-boom...https://www.propertymanagementinsider.com/baby-boo...From the first article I linked, baby boomers currently own $32M homes, or 40% of all homes in the US. 

The concept is great, but it gets drowned in red tape.

These are just estimates but when you have no concept of what things should cost it helps.

Most people are not as familiar with the mastermind concept so DM if you have any questions!

Bottom line there are many ways to succeed in and around real estate.. the most simple and easiest for most to understand is the concept of being a landlord..