As a rental investment it is not worth the risk or work load based on you having negative cash flow unless you are in a high appreciation market and willing to gamble.SFHs make for poor income property investments and are primarily a appreciation play.

The lending officer said “ we aren’t in business to fund slumlords sir ”  in lower income areas and on lower income properties banks have low limits and very stingy on lending .

I'm definitely interested in Note Investing for my passive income goals!

Income from passive investments would be sheltered from taxation in a 401k.

Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play

These folks are richer and have multiple streams of income.

The residence can then be rented within the S corporation and depreciated at a stepped up value (purchase/selling price).

I diversify my rentals between the "Short short" (30 days or less) business model and "long short/corporate rental" (30 days or more) business model so I don't like to take all my bookings through Airbnb & VRBO.

But heck, with a single income, that was my only option.My intension is to use my first BRRR to launch and do more deals, with the goal of building a rental portfolio of long term passive income.I'm excited to show you the numbers and photos. 

Corporations and LLCs cannot represent themselves in legal proceedings, unlike individuals.