Or should I break my promise to get into real estate in 2025 and continue to work part-time while going to college to afford a conventional 30-year mortgage on my first SF and use the "Building Wealth Through Single-Family Homes" plan? 

Please provide us with no more than the last 8 Settlement Statements from your past transactions.Insurance Information: We will need a copy of the binder or declarations page for the property hazard insurance and, if applicable, the flood insurance.

I plan on living in this with roommates for 2 years and going onto the next deal.

Lesson learned on going into business without exit plans, I guess...For reasons out of scope here, I just filed my 2021 taxes and the IRS hit me with a $30k capital gains bill (not including interest or penalties).

Another important consideration is whether you plan to manage the rental yourself or hire a property manager to handle tenant issues and maintenance.I recommend starting by answering these questions.

If that doesn't work, you can ask the court to establish a payment plan or garnish their wages. 

I am mostly interested in rentals but will plan doing doing an occasional flip when it makes more sense.

This way, the seller gets 87k in hand, won't pay nearly as much taxes up front on a huge cash sale, will still be generating about the same amount of income as he is today, consistently for 20 years without the headache of managing it or insuring it.  

I have a W2 job in a high tax bracket, but we are planning on owning Airbnb’s that my wife actively manages along with her working as a real estate agent...Our goal was to have her materially involved so that we could write off potential losses against my W2 income.

I love dogs but not ever planning to be friendly enough with tenants to be doing that even if they are neighbors. 4.