Naturally a month after the exchange expired, I found a decent property I am closing on now.  

I am currently in the process of filing my 2015 tax return (extension) where I can remove those expenses to increase that year's self-employment income, but that income would be taxed at the 28% bracket so not sure if it's worth it. 

Hello, I am looking for people in Austin, TX who have bought a residential multifamily home, especially for the first time, and how their experience was through the process.

I appreciate any insight in the process and if there are any good resources out there that help you, I would love to know about them. 

Congrats, sounds like a great deal and learning process.

Please keep in mind that this is an abbreviated story and in no way could ever represent the amount of adversity that I experienced through this process or the effort that was required.Looking back, I am amazed with power of real estate and have found a true passion, like nothing I ever experienced in my job and I wish anyone on a similar trajectory to push as hard as you can.

I would greatly appreciate some insight on the actual process of what happens after you are interested in a property, as well as how to get my toes into the Sands of learning my area.Thank you in advance for the advice and wisdom.Best,-Vince

Thanks Account Closed where are you at in the process?

My idea of getting into real estate investing was coming up with 20% of your own money (that's 60k where I live for a low end property), traditional residential mortgage, net maybe $200 a month if I was lucky and repeat the process when I came up with another 20% until I had maybe 40 properties.

Along with a check list and a timeline for the process.