We look forward to engaging and learning from all of you.  

Unless you're able to save to double your downpayment to $100k plus it might make sense just to engage in these markets you outlined and see what's available that fits your criteria.

Forget just the 10% & lease fee you're losing, you're taking liability now engaging with the tenants.

It’s the first thing potential buyers will read, and it can make or break their decision to schedule a viewing.To write a compelling property description, follow these tips:Start with a hook that grabs the reader’s attentionUse descriptive language to paint a picture of the propertyHighlight the unique features and selling pointsUse bullet points to break up the text and make it easy to readRemember, your property description should be concise, engaging, and informative.

Ronald, thank you for staying engaged in this conversation and offering your input. 

It’s best to speak directly to a CPA that you have engaged to do work to get a more detailed response and analysis.Best of luck!

Focus on performing your day to day operations in a manner that will reduce the risk of claims in the first places such as hiring reputable service providers, sign contracts each time you engage a 3rd party vendor & collect insurance certificates where you are listed as additional insured from everyone who performs work on a property you own or provides a service related to a property you own.

This is my first time using the forum and was pleasantly surprised to see so much engagement so quickly.

As a hypothetical example - If I engaged you for legal services and made you a co-gp for those services.

Really looking forward to engaging with others on this platform.