It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Welcome to BP, sounds like a great plan!

To them it sounds silly, which only proves that even professionals don't understand it.

Therefore, it sounds as if this also goes hand in hand with creating a new partnership return for every LLC unless they are single member LLCs.

Based on your post it kind of sounds like you want a beach/lake house but like the idea of it making money too.

It sounds like you know how to avoid this in the future, so what to do with the situation at hand?

Open to being a full-time agent for sure, but imagining that could take some time to replace my current income.

Not trying to sound cheesy but I am an overenthusiastic person about real estate and when I obsessed over learning & learning I eventually read that book half way through before I couldn't help myself any longer...

Most landlords will use the remodel clause to remove tenants if they dont want to sell.Just replace the kitchen and bathrooms.

I've been stuck on trying to analyze and find deals but it gets very complicated trying to understand how to analyze a great deal for me.Well, IMO you need to take another look at your goals.....You want to retire by replacing your W2 income in 4 years?