Conventional with a larger down payment will give you better cash flow and terms, but the tradeoff is waiting another year or two and continuing to pay rent in the meantime.If your main goal is to house hack and stop renting, FHA can be a great entry point.

.• Together, we want to leverage the equity in all four properties (through HELOCs or cash-out refinances) to buy more rentals and build out a larger portfolio.• Our primary goal is growth — not just holding what we have, but using these assets as a springboard to acquire more doors over time.• Long-term, I would handle all operations and decision-making, and my parent would receive passive income without having to be involved in day-to-day business.Where I’d love advice from this community is on structure and timing — especially if entity setup becomes essential for securing financing and scaling efficiently:• Would you recommend first leveraging equity through personal HELOCs and contributing those funds to an LLC — or is it smarter to set up the entity first and structure financing from there?

The best choice depends on which process, pricing, and support fit your needs the best.

If a client ever comes to me looking for advice and wanting to sell in the future, I would recommend they let the lease go mo-mo because when they go on the market they will have a larger pool of buyers that will include would be owner occupants. 

The previous accountant charged me around $3,500 for the same portfolio so I was a bit taken aback.I would like some feedback from others with larger portfolios regarding their expectation in today’s world with CPAs and how to tell if they are getting good value. 

You want to learn on smaller deals first and then grow to the larger ones.

Thanks, Hi Gene,You’re asking great questions, and yes from what I can tell, things are shifting in the Cleveland Section 8 / Housing Choice Voucher market, which could explain some of the issues you’re seeing.Here are several changes or challenges currently in play.

I chose Smokies because oh how popular the spot is.Here is my choice-Home on PUD lot(so land doesnt count for cost seg)-Home with Pool- Home with decent view(those with spectacular views are very expensive)Although i look forward to break even/minor cash flow i am mainly buying this property to write off taxes.

We haven't even touched design and material choice.

Your financing and property choice will look different depending on which matters most.2.