Good luck to all of us = )   Actually I'm a partner with 2 other seasoned note investors and we have our own Reg D equity fund that buys 1st position NPLs and RPLs with a preferred return and profit split to our investors.

That's not a "net profit" of $550/month because you haven't accounted for vacancy, maintenance, capex, or other expenses.

The complex became profitable just about when the package ran out.  

@Sebastian Tamburro you're going to get advice/offers from numerous people trying to profit off you - be careful!

Profits are much better and less of a hassle than dealing with short term/ airbnb. 

This helps assess profitability.7.

Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...

For example if you wanted to gift $100k to your child to purchase a business, it may be best to make your child manager, with say a 20% interest, while you and or your spouse maintain a 80% interest.  100% of any net income can still be received by your child as manger, or even for just his 20% interest, as profit allocation  need not align with ownership percentage in an LLC.

I think the business has pretty thin profit margins and they tend to take on too many units, which results in the quality going down.

Which profits can than be utilized to carry forward into the then "good" MFH acquisition timing of things.