I'm sure there are plenty on this forum who will disagree with me, but I think if you do the research you can safely make a 30% ROI, which just isn't doable in the short term with real estate.

I would treat it as capital gain, but the IRS may disagree and try to treat it as interest.

@Bobby Kolev I’ll like to respectfully disagree with you.

@Natalie KolodijGood to know leaving off expenses is tax fraud.Tax experts seem to agree all income should be declared, but sometimes disagree on expenses. 

Some folks say you cannot make it without the support of your spouse, I disagree. 

I know people that disagree that you can consistently see 8% cap rates here when I've consistently seen OOS investors scoop those deals up fairly easily! 

Generally disagree here - yes, they may be "low" or "medium" historically but since many people have 30-year fixed rate mortgages and refinances are easy when rates are low, you really have to look at it more as a comparison vs. what people currently have (90%+ below 5%) versus change over time. 

You didn't ask for it, you don't quite understand it yet, and it appears to be more of a fee-generating setup than a tax-saving setup, and while it may wind up being a wash in the end, you'll forever be dealing with a lot of unnecessary complexity.I disagree with the recommendation to work with Anderson Advisors.

There are some salesmen on this forum who will disagree with me, but I'm fine with that.

I completely disagree with your line of thought in saying that less banks would be helpful.