Last question, since I seem to remember you touching on this at least once on here, but just for clarity, for myself and others who probably wonder the same:  is it best to "go big" right away, if possible? 

Only problem we had was that customer support and clarity on the process once we received the metering components was essentially non-existent. 

Probably implied above, a lofty goal, and not at all an original thought, but adding for absolute clarity.

And probably the interest should have been as well if the rental property should have actually been treated as a rental property for the entire year.Unless a a property located across the street from your primary residence cant be considered a second/vacation home, in which case both would go on a Schedule E, but without any income (the inlaws do not pay rent) both would be lost as deductions.I'm lacking in clarity of what the proper way of handling 2) should have been. 

Disclaimer: I work for Lima OneFor clarity, we are still processing and funding construction draws.

(although I honestly have no clue)......but maybe...just maybe... there are off-market deals to be had...and I just need a little more direction and clarity on what I'm looking for...Your thoughts?

Hi, I have an argment with an investor friend and need some clarity also to be a just landlord.

I would connect with a lender early on to bring clarity to your financial position, buying power, and deal criteria. 

Keep messaging them unless they tell you to stop, I would call and get clarity on all leads.

As per my research, there is a structure here called ULC but I don't know if that offers the same benefits as an LLC.I was wondering if anyone here could help me gain some clarity.