If you have limited funds, how are you going to flip the worst properties out there that cost the most and are the hardest to flip.I know social media makes it looks like no-money and low-money down investing is feasible, but probably 95 percent of the deals that are done like that are done by people with money because it's the leverage money gives them to make a deal like that to the benefit of the seller.Don't rush to get a third property that needs work on your ledger when your funds are already limited.

Often, those companies have access to like-kind inventory as well that can assist when you get to the identification phase.

If it is smaller family-owned business, see if it makes sense to offer a Defined Benefit Plan.

The extra cost is typically well worth the benefit. 

In the future, make sure you and your GC have a schedule for each phase before the project begins.

Property Management:When I initially began learning about the power of real estate and passive income I assumed I would also be a passive investor and reap the benefits of financial freedom.

Again, risk management related, not tax benefit related.

So investors who want to sign a contract on a property before it even hits the market can benefit from networking with real estate attorneys.

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

You get all the great benefits of owning real estate, without the hassle of tenants and dealing with the problems that always happen when you own real estate.