You’re asking a great question, and it’s smart that you’re thinking through the tax implications now.

Lost money doesn’t always mean disaster if you restructure smart.

Smart layouts, durable finishes, and curb appeal often boost both sell-through speed and final pricing.It also helps to leave a bit of flexibility in the budget for small, high-impact upgrades based on early feedback.

Sounds like you’re setting a solid foundation with single-family before scaling into mobile home parks, which is a smart long-term strategy.

If something happens on your property and your regular insurance doesn’t cover everything, your umbrella policy steps in to protect your assets and savings.If you see yourself building a portfolio, then it’s smart to think through your long-term setup early.

Joshua, you're thinking smart.

Wasn’t smart of me to jump into real estate this way with no due diligence and not much $ to my name.

You’re smart to pause before doing any work on that easement, paving someone else’s land without the right language in place can turn into a legal and financial headache.A few things to think through:1.

DSCR or no-income loans still exist, but rates and lender flexibility can vary, so it’s smart to also consider local banks or portfolio lenders who may look at your overall financial strength.

Your approach is structured and intentional, which is exactly what leads to long-term success.Starting with a duplex or triplex using FHA is a smart entry point, especially in today’s market.