The reason it won’t work is that “low end” assisted living is not profitable.  

It would be a Boutique Class A home for between 6-8 people in one of the top 3 metros for assisted living.

@Michelle CooperFor our clients, we typically recommend MileIQ for mileage tracking.

If you disregard their assistance animal guidance is it going to be ok to deny an ESA?

Groups that move quickly on large land plays usually include experienced land developers, family offices, private equity real estate shops, or institutional-leaning partners who already have dry powder and a track record with entitlement risk.

@Sherelle Montague That’s a smart move—especially locking in a property with both units under one loan and using the assistance to keep cash reserves for repairs and surprises.

.• Start tracking your monthly budget so you know exactly what you can comfortably afford.Think of this phase as laying the foundation.2.

I have also applied for the Greenline grant (a first-time homebuyer assistance program) and am hoping it covers some of the costs, but I won't know if I'll receive the grant or the amount until March, so I'm currently budgeting without it.

Since you’ve been house hacking, you probably already know about depreciation on the rental portion, allocating expenses, and potentially qualifying for the home sale exclusion if you live there long enough.With your new STR properties, keep the STR loophole in mind: if you materially participate (make sure you start tracking your hours now) and average stays are under 7 days, your STR losses could offset active W-2 income, which can be huge while you’re still in the military.

Hi @Sean Leahy check into Stessa, it offers free features like expense tracking, receipt scanning, and property acquisition tracking.