The idea is to start now, so over the next 30 years, we can build enough market influence to work effectively with affordable housing programs and truly drive down rental prices.To kick this off, I’m working on our first project.

It's not an effective strategy but a lot of investors believe throwing in high end appliances in itself secures a buyer. 

Here is the source for the commission rate, right from the Sitzler NAR lawsuit judgement (bold text added):"In addition to training, Plaintiffs have presented expert testimony showing that Section 2-G-1 had the effect of stabilizing commission rates.

It really highlights the value of having strong partnerships, effective marketing, and a sharp eye for profitable properties.One takeaway here is the importance of leveraging connections and networks to identify similar quick-turnaround opportunities.

I am leaning the local route as it seems to be the most cost effective option.

Real estate's diversification and wealth-building potential make it a solid addition to a balanced portfolio.This post does not create a CPA-Client relationship.

Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.  

However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.

Building good relationships with tenants and professionals while planning for future scaling opportunities can also help you grow sustainably.Good luck!

Personally, as a buyer I would limit the time frame until I had a solid relationship with the realtor.