So if you have the property for a total of 10 years, moved in at year 8, little value or tax advantage.

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC (you can elect to have a LLC taxed, as a S Corporation which is a whole other conversation).If you want to close in the name of a LLC, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

I've done it at times, sometimes 6 figures, but always do it so that there's no tax burden on my recipient.

Lessons learned?

I guess it can save you some time managing, for example one tax bill, one insurance bill. 

Lessons learned?

It is purely clickbait.Find yourself a market that you are interested in, learn as much as you can about that market, and find your deal. 

There have definitely been many surprises along the way and lots of lessons learned getting our bnb set up.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

I took many courses before actually taking action on my first investment and I still have self-doubt when attempting new strategies and I have failed.Second, anyone who has not experienced self-doubt has not pushed themselves into the uncomfortable place of trying something new and potentially failing but learning a great lesson making them stronger.You are capable Robel.