You can exclude up to 250k if single or 500k if married filing jointly as long as you lived there for 2 out of the last 5 years.

Because of the above financial requirements most people end up doing partnerships, joint ventures, or syndications.

With our joint income, we’d have about 40k a year to invest.We’re pretty flexible people and don’t mind the lifestyle choice behind either option.

Having some asset (like medical offices) “back your investment” is a little different than wanting to be a silent partner in the local dry cleaning or boutique smoothie joint.

I can't imagine how a sealant could waterproof joints that move, expand and contract. 

.$2,000 to make Ready Home (750 sq foot, 1 story home) ________________________________$95.00 - Landscaping / Clean Out Flowerbeds$150 - Exterior Painting$150 - Landscaping / Tree Shrubs$250 - Haul Off (Limbs, Tires, Furniture)$225 - Full House Cleaning (One Story)$495 - Wall and ceiling repairs/Paint Touch up the house from nail holes and scuff marks Seal the joints in the bathroom Walls, trim, and doors touch up Seal above the kitchen cabinetsThis all seems excessively high to me... isnt this $15/hour work with a handyman?

Most of my other properties are small commercial.I've got a decent amount of equity in what I think is a sizeable portfolio for my age & stage, as well as access to some private money, but have been coming to the conclusion that a joint venture(s) would be a great way to accelerate acquisitions. 

A question about managing from overseas was posed directly to me, but I will post it here in case it is helpful to someone else.I own a joint venture condo with another military member in Atlanta.

I don't want to do the leg-work flipping houses any longer, but I enjoy being in the game.I would like to setup a system where I would Joint Venture with an active flipper for a few projects each year.

They were students, but I had them sign the lease jointly and severally (some landlords have students sign individual leases).