Think of this similar to how you would invest in Apple stock.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

Hopefully people will quit chasing what was a shiny object.Kinda like people buying a stock at its peak only hang onto it too long and lose more money.  

Some of our tenants have no idea how to maintain or clean an apartment.  

Think of it another way, if you invest in apple stock and show up to a store asking questions or their office to ask questions and say you are an investor in the company - what type of response do you think you would get?

Staying flexible and maintaining clear communication ensured we still achieved a profitable outcome.

Staying flexible and maintaining clear communication ensured we still achieved a profitable outcome.

No matter how well maintained, the quality of being brand new no longer exists once it has been lived in.

Depends on what your risk tolerance is and how much it costs to create and maintain a seperate LLC. 

Requiring voucher holders to work to pitch in toward rent in order to maintain assistance would have been much more effective.