Things in your tax filing need to be really off to do this.Being a REP/active participant and using cost seg to offset a spouses (or your own if that's all you do) W-2 wages is fairly common practice.

I recently worked on an off-market deal here that turned into a great BRRRR success, proving how the right team and strategy can create equity and cash flow, even from a distance.If you ever need help analyzing deals or navigating the OKC market, I’d love to connect and assist however I can.

If they are, I would pay them off first.I would invest in a different market(likely bigger market) where you can find reliable contractors or find a PM that will be able to manage the properties.

Everyone’s needs are different, but I definitely wouldn’t write off Hospitable.

Quote from @Rachel Jane: First post, no idea what I’m doing, lolMy grandfather passed away and left me his condo, which is fully paid off (and located in a seniors residence) It’s worth approx $500,000 (CAD).

Turn the water heater valve off and see if that stops the pressure loss. 

Unless you have a way to source off market deals or have a crew to provide labor for below market value, you're kind of relying on hope and luck to find a deal that works.

The investment in the plane ticket and hotel can pay off huge when you are able to find and focus in on a specific area. 

Reaching out to the community to make sure I'm not off base here to immediately think to decline this offer.  

It ends in a $395M annual loss and entire brand tarnished by political spin.