Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

It’s great to connect with someone who has a strong background in commercial construction management, especially in the healthcare sector.

Any year I do this in the future there is a 2 year look back for health care cost.

I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.

Once you get through move in, the day to day management is pretty hands off and easy (famous last words, but so far, so good).Other than that, get a second opinion/eye from someone you trust - preferably a professional designer - on the furnishings and design.

How to execute a 1031 exchange build to suitHow to operate and self manage a co-living property Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

House Canary (Tailored for Real Estate professionals, investors and lenders needing property assessments and market forecasts) 4.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

Buy something that will be in demand for years to come and rent to tenants you want to rent to (college, young professionals, families, grandparents).

Well you received reply's from the top heavy hitters in the passive game here on BP.choosing wisely is key as noted.. real estate debt can be a great spot for the busy professional.