I am not saying don't take the points, but really evaluate all the socio-political and economic factors involved before you take the shinny penny.Thanks.

I'll look through my old records as I was involved with other discussions about this.

However, structuring this in a way that complies with tax law would likely require expert legal and tax guidance, as it involves partnership agreements and IRS regulations.

If you start self-managing in January and continue through the rest of the year, you should definitely be able to satisfy that requirement as long as you’re more involved than anyone else (including contractors and property managers).

I would like to know more about the role of zoning attorneys and the potential costs of involving them in organizing and submitting the proposal to the appropriate departments.

Another option can be using a Hard Money Lender, a lot of times there is just less red tape involved.

Bird dogs go out and find property, they don't put it under contract or do any of the other work that's involved.

A single member LLC is not as big of a deal, but once there is a partner involved, an attorney needs to be as well.

This way you know you are in good hands and that it will take minimal involvement from your end on all aspects of your investment.

Whatever direction I go, I would leave my current job and take a few years to learn the craft and business under someone else before breaking off on my own.