I just thought this would get too messy for me with the new interest tracing rules for determining tax deductibility of interest expenses.This might be a better fit attached to a personal residence (I think the rate would be better too). 

Because I was willing to walk away from the deal and had no emotional attachment to the house, I went back and forth on the price settling at 10% below their lowered price which was a total of 15% below the original asking price of $1,099,000.

Also, in your response to @Rahma Zaghari, do you mean that a landlord needs to mentally detach from the house/property and treat it as a job rather than be emotionally attached to it?

I’ll attach a link to a page that describes this in detail as there’s some things to note. https://www.realtymogul.com/knowledge-center/article/what-is...3) who’s your ideal tenant?

Good thought but more needs to be explained/clarified on the intro call regarding the deposit.Folks don't even want to send a POF which is mind boggling and we even share a video and attachments on how to send us a POF and not show the account number lolLast time I remember speaking to Jay about his hourly rate it was years ago and it was easily a few thousands $$$So I guess he was feeling super generous or folks where super tight by donating only $100 hehe

Hi guys,So I have lived in a house, in an expensive neighborhood for 10 years,  my  child grew up there so I am very attached to that house and so is my son.

I’ll attach a link to a page that describes this in detail as there’s some things to note. https://www.realtymogul.com/knowledge-center/article/what-is...3) who’s your ideal tenant?

I don’t get credit for the Meet-Up that’s advertised on the attached pic, but it happens to be scheduled for tonight.  

The plans Can be modified slightly to convert the primary room of a 4 bedroom unit, to a 3 bedroom with an attached ADU.

The Schedule E of the LLC will be attached to each Member's personal returns?