Why do I want to save $ on taxes? I'm a planner. I like to plan 2-3 steps ahead. Before we finally take action and acquire our first rental property, I want to be sure we have the correct tax strategies in place so that we can scale to numbers 2, 3, and beyond. Our ultimate goal is to regain the freedom we once had - freedom to do what we want and freedom from financial stress. And THIS time around, create long-term wealth for our children and future grandbabies - through REI🥰 Where am I on my REI journey? My husband and I are both physician assistants with no prior RE background. I've been learning about REI through mentorships, courses, podcasts, etc since last March. Ive suffered a severe case of shiny object syndrome - considering every strategy from PML, to fix & flips, etc - till finally landing on MTRs/STRs. From there, my type A personality has kept me stuck in analysis paralysis. I need a plan. I need to get unstuck. I have set a goal for myself of purchasing a property by the end of the first quarter💪 What is my #1 challenge at this current point in time? Because we are in a season of transition (one year before empty nesters🥺), I struggle with which market makes the most sense for us. We plan to relocate to a warmer climate in a couple years and, although I know rentals can be managed long-distance, I prefer to be within at least driving distance. In addition, I struggle with deciding the smartest way to fund our first deal. With cashflow being our immediate goal, I love the pros of a cash purchase. At the same time, I hate the idea of tying up our cash in one property and stunting our portfolio growth. These are just 2 of my "dominoes". Honestly, I may just struggle with the art of decision-marking, in general🤣 But I am hopeful that with some solid expert advice, I will make an informed decision and finally take action. Im so excited to be here and to learn from all of you!❤️