While they are good communicators, experienced with Section 8, and their software for rent collection is solid, we're increasingly concerned about a few key issues and would appreciate input from anyone with similar experiences:Turnover Fees Transparency:The turnover fees seem high, and despite our requests for itemized breakdowns and man-hours to justify these costs, we feel they may be taking advantage of our out-of-state position.

You can also focus on dividend growth stocks within your taxable account, as dividends can be taxed at lower rates, especially if you hold long-term.By balancing real estate with traditional investment strategies like bonds, stocks, and tax-efficient accounts, you’ll have a diversified approach that generates tax-advantaged income while minimizing risk.Let me know if you need help strategizing further or exploring real estate financing options!

Two of them are city/county attorneys at that, including one from each category just described.So, yes you should probably have a lawyer whenever you have a partnership LLC (and probably with RE) but good luck finding one that's worth a damn.So I just do mine myself, having learned a few things about OEs over the decades, but I am not in RE and I am always a sole proprietor.Also, this lawyer should (in my opinion) by your lawyer, not the LLC lawyer, because you want your interests protected in the partnership.

Also, this is a terrible reason to partner with someone out of desperation instead of to take advantage of opportunities. 6.

He either purposely took advantage or he is unstable in some manner. either way want him out now..

If you had purchased the investment within the IRA then depreciation would not help you since that is already a tax advantaged account... 

Due to the low interst rates, I wasn't planning on paying off that mortgage, but in 2021 deided to sell the property for 3.6 times what I paid for it and take advantage of the price run up and market condtions. 

If you want to minimize risk and capitalize on investment with passive income and stable cash flow this is the rental property strategy that is most advantageous and works best in Detroit.

I hope this is the right category for this post.  

yes in theory turnkeys limits you to create/add value .If you do see a deal that makes the numbers work, you should still consider the deal and take advantage of it.