Clearly define what the minimum and maximums are for your downpayment, purchase price, cashflow, NOI, CapRate, asset class, total number of units per building, etcThis will give you clarity as you scrub deals.

@Joel Allen Thanks for the clarity on that!

Prior to this deal my loan officer told me I can qualify for homes in the 900k range based on my salary.For my own clarity, would the appraisal immediately create an increase in equity? 

Being on a team will also expose you to various specialties and maybe give you more clarity on what you are best at. 

Make sure to bring out a yellow note pad when talking with professionals; writing down their advice will provide clarity later on when making the ultimate decision.

Any clarity would be greatly appreciated.

I paid for a consultation with a colleague who was the IRS technical advisor on code 469 for 25 years to offer some feedback and clarity because it is so unique. 

@Jerryll Noorden thanks for the clarity!

Thanks again for hopping on the podcast and any clarity you can provide above via your blog etc. i'm sure would be greatly received by the BP community!

Finally, I can get some clarity on what is happening.