That w2 still does not limit you to things like the short term rental loophole for instance, which can help you offset those painful CA taxes.

Most work this way: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

You just need to have a good foundation repair company and a good plumber (or multiples of each) on your team.Just watch out for the big ticket items:  foundation, plumbing, electrical, roof and AC - these can quickly bust your budget if you aren't planning to repair/replace them...Remember that the older you go in terms of build year, the more of the above issues you are likely to run into.

These projects not only address the immediate demand for housing but also offer long-term investment potential in a rapidly growing market.For renters, the allure of BTR communities lies in their affordability, flexibility, and convenience.

An estoppel just explains and clarifies the existing lease in place - lease terms, duration, and making sure the tenant is current with rent!

Now.....having a net worth of $10m+ at any age and never having used leverage is a different story.The term "millionaire" is relative.

It can even take short-term rental income as a basis for qualification.

Initially, I have been the most interested in either single family long term rentals, or STR's.

My name is Rob, Im married to my wife Melanie and we live in Columbia SC. We love to go camping, take care of our home, and try new restaurants. She's a pilates instructor and a sales director for a major hotel brand ...

I invest in STR and I am currently switching over to Mid-Term Rentals.