Proof of Services.Be prepared to provide proof of the services performed and hours worked, especially if the IRS requests this information during an audit.6.

Zoning are the rules for what can go on a piece of property and how it must go on as well.

I know because we have a 5 acre piece that is worth 200k and if we added a 6k square foot metal building, we could sell it for 450k all day long. 

The key piece of information missing here is what your rents, monthly P&I payments are and what you are actually cash flowing?

Huge piece of advice someone gave me as I transitioned to FT, do not count commission until the deal closes.

I suggest you look for clarity on what resources you can use or companies can assist in using a small piece of that equity as a downpayment on another high-quality asset like the one you already own.

Quote from @Miguel Del Mazo: Thank you for the discussion @Corby Goade .I feel like we are biting off big pieces of a complex topic, and I think it would be helpful to focus on either the interests of the property owner or the MTR operator to simplify things,I think your greater objection to MTR arbitrage lies with why a property owner would want to willlingly enter into the agreement, so I will focus my reply on that. 

I just did my basement and there is one piece is separating on the side of the floor (long side of the floor) Should I use the same technique as if it were the ends of the floor?!? 

So back to the drawing board....and yes, the financial piece has to make sense... 

I am very excited To have finally closed on my first investment here in Liverpool NY as a 19-year-old investor as of last week and be auditioning for the Bigger Pockets rookie podcast this Monday!