There are a few reasons I am zeroing in on this strategy.

There are zero qualifications for that job.

Investment Info:

Other buy & hold investment.

Purchase price: $86,000

Cash invested: $1

This was my first Condo to buy for nightly rental! I used 2 vehicles I owned as collateral for the down pay...

Not sure what the policy is of putting companies on here so if you feel more comfortable shoot me a PM.Also please don't message me if this post is more than 3 days old.

I invest in Austin for investments only so I’ve a strict criteria on what I’m looking for such as cash flow and little to zero in the deal but even that is possible in Austin if you look hard enough. 

Management fees on multifamily assets are about half of what you will be charged on a single family home- vacancies in a SFH mean zero income, with multiple units you can still expect some cashflow- Investing in a syndicate is entirely passive after the upfront work to due diligence the sponsor and the dealIf I had a do-over I would have gone straight into multifamily rather than starting with SFH’s.

Keep $500,000 liability on the house and a $1 million dollar umbrella policy and you will have little, if any, risk.

The fact that he's out there doing landscaping and reporting his income on taxes, PROBABLY means he's not ALSO stacking $100 bills from drug deals, there's no need to do landscaping if you are, and MOST people only have mental/emotional capacity for a single entrepreneurial type thing at a time.Not going to necessarily offer my personal opinion on this new policy, but I don't think it's as crazy as folks think.

I'm sure that policy helps you bring on new business and keep your owners happy when things don't go there way. 

Say you found a house for $180k:You can use all $180k as payment and pay ZERO cap gainsYou can use $150k and pay cap gains on $30k | Use $100k get taxed on $80k.etc.You can include rehab costs but it gets tricky here.