Now rei reply is telling me to look in the back end of twilio website and cross reference API blah blah blah for every text I send and see what’s going on.

As for the "Lazy 1031 exchange" reference, a true 1031 exchange allows you to defer capital gains taxes by reinvesting proceeds from the sale into another similar property, but that doesn’t seem to apply here since you're looking at using a passive loss instead of a like-kind exchange.

Or are you referring to there already being a lot of student rentals available, therefore the rent is closer to $300-$400 per room? 

While investing out of state can be more challenging since you need to put together a local team, it also offers many rewards and can make it easier for new investors to get started!

I like to look at each component of the process on an itemized level first so that when I do work with a developer I can have my own reference for all the bundled costs associated with the build proposal. 

It might feel out of your comfort zone, but the potential rewards can be worth it if you're willing to do the work.

Jim invested in a small apartment complex, and within two years, not only did the property's value appreciate significantly, but the rental income also provided a steady cash flow.Real estate offers a level of control and tangible value that can be really rewarding.

Connect with @Joseph Chiofalo he’s done some STR loans there recently for those same clients and can refer you a local RE Broker.

Was an awesome experience and very rewarding to this day. 

@Imani Naomi since your other post references investing in MFR, you are probably looking for:Institutional Funds: there are financial ompanies that run pension funds, etc. looking for places to invest.