Almost every REMIC is in violation of it's tax status.

How would this be accounted for for general accounting and taxes?  

I've been knocking on doors, there is one that seems like it's abandoned, however despite finding the owners name from tax records I cannot seem to get in contract with them to make an offer (despite trying x, y and z). 

.: The applicant needs a social security number or an individual tax ID number (ITIN).

Great hosts will be good neighbors, will contribute to local tourism and will pay their taxes and permit fees* A major area to improve on the proposal is the 1 hour time-limit for resolving complaints.

Because of the additional income I am producing through the consulting business, I am afforded the opportunity to invest money in real estate.  

Build-to-Rent (BTR): A Steady Income StreamWith homeownership becoming less attainable for many, build-to-rent properties are in high demand.

For example, this investor that I met recently said not to buy properties at tax auction for 100+ different reasons.

Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.  

The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.