While tax implications are significant, they might not be seen as central during the initial formation stage.Specialized Expertise: Attorneys and GPs often have specialized expertise in real estate law and investment strategy, which they prioritize in the early stages of fund development.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I consider myself small potatoes in terms of property management: I just got my first two units in March and I am technically a property manager in that I am managing my properties that I bought; I haven't yet worked with clients or made business arrangements outside of my own interests.

Also, stage the interior so it looks cozy and inviting.

The stage is set, the spotlight awaits—embrace the journey, and witness your dreams take flight.

I'm fairly new to investing, finished my first project last November in Edmonton Alberta, Canada and currently in the refi stage. 

At this stage, I hope to have enough experience, and the network to be able to accurately estimate total expenses, allowing me to move towards bigger projects with bigger potential gains.Any advice on ways I can move forward with my goals?

I know I am overthinking this too much for the current stage as an investor, but I'm trying to work backwards from my end goal of owning 100 units.

Are there any verbal agreements or arrangements between the current Landlord and Tenant?

Writing the Contract:**It's highly advisable to consult with a real estate attorney who can draft a comprehensive contract that outlines all the terms and conditions of the seller financing arrangement.