View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Given the long term nature of our relationship with the owner, he was kind enough to allow us to view the listing before it went public and given we had already completed an enormous amount of research into the project we were able to offer full asking price.

Given the long term nature of our relationship with the owner, he was kind enough to allow us to view the listing before it went public and given we had already completed an enormous amount of research into the project we were able to offer full asking price.

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

To start, you need to expect you'll make some mistakes, you'll think you understand things one way and later have a different view, and you'll grow.

While this would be our first home (we're renting right now), we would 100% view this as an investment and would treat it as such.

View report*This link comes directly from our calculators, based on information input by the member who posted.

@Jason Velie -- if the LLC you created to purchase the rental is a partnership or corporation and doesn't own anything other than the OZ property you described, its probably not too late to structure it as a QOF.