And , since I had been working in an industry I really wasn’t passionate about, this was my chance to try an industry that I have had a passion for for the last 12 years or so.

Rent roll was ~$8K last month.

I also realized last night (after I made my original post, of course) we could do a HELOC on our primary residence.

The last two did not work at all.

The ownership could be changed prior to structuring the parking arrangement, but last-minute changes without time to season the ownership change would significantly increase the risk the transaction could be disallowed as a step transaction under audit.

Apparently there was supposed to be an emergency meeting last week with all GPs and LPs but somehow I did not get the email.

Lately, the topic titles on the BPRE podcast have sounded more like On the Market show, and the last On the Market show sounded more like a BPRE episode.

For what it's worth, I went through 5 different property managers in 2 different markets (one local, one out of state) over a period of 5 years, before deciding I would self-manage everything across both geographies beginning last year.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

We have spent the last several years reading (rich dad poor dad, total money makeover, etc.), listening to bigger pockets and other podcasts, and learning about real estate.