When companies are selecting a location to set up operations, the basic requirements include (but are not limited to):Low operating costs, since every business has competitors.

While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies.

I like the concept of the BRRRR strategy where at some point you have none of your own money in the deal.

The 30 year fixed rate loan would be a better fit for this purpose since it's terms will never change.You might be able to think of some other scenarios but hopefully this concept is good enough to know the difference between the two.

Community property is a state law concept, and when an asset is community property, federal basis rules often allow a full step up at first death.

@Brady MorganI like the strategy concept.

Outside of owner occupied which can get you to 9 units relatively fast I would look into BRRR like was mentioned above and value add multis same concept as BRRR but with multis.

This idea is similar in concept to retirements accounts like 401Ks or IRAs.

The advice is very basic.

Once you get your head wrapped around the concept of what you are doing, instead of viewing QuickBooks as the dastardly accounting software program where you need to be an accounting guru, you will become more relaxed.