While real estate is more passive once stabilized, acquisitions can require more hands-on management.The choice depends on your goals.

I read a few books, one of which is “How to invest in real estate market: the ultimate beginner’s guide…” by Brandon Turner and Joshua Dorkin.

@Lance Turner recommend designing what you ultimately want it to be and then work backwards to create reasonable Phases to get it there.How much will insurance cost for all the different uses?

However since the accumulated passive losses ultimately do end up on 1040 as losses they do get converted to active losses.

I know they are duplexes everywhere, and I know ultimately depends on your choice of city.

I do NOT recommend for everyone (most people honestly haha), but ultimately glad I went through the experience. 

They can pay off property before loan comes due and have ultimate flexibility when to sell or refi.    

Ultimately its hard for me to determine the value here with the data I already have and wanted to make sure I am not missing anything

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

Financing: Traditional financing is a great choice for your first property.