Maybe down the road once my flip business and rental businesses are built up.I'd suggest getting your attorney and accountant on a conference call together and explain what you are trying to do.

What part of town and what did you buy? 

I look forward to connecting with new investors in the BIG "M" Town.

You don’t need built in accounting software on first property.

It was built in 1930 and sits between commercial complexes on 3 sides, 4th side is open to a local highway.  

That’s a big part of the desire to move to another, less trafficky part of town.

I'm here to learn.My plan is to acquire a duplex via a 203k and rehab it, then a four-plex when I've built up enough equity in that property, and then eventually some 50+ unit complexes.

It was built in 1930 and sits between commercial complexes on 3 sides, 4th side is open to a local highway.

You only need to put 3.5% down, so cashwise it won't get in the way of other real estate goals you may have.My first deal was a 4-unit up I bought withFHA3.5% in Santa Clarita.I lived for free (as opposed to paying rent) + enjoyed cash flow + built equity.

Let's connect when u r in town.