The key is to have a team in place that performs for you and that you trust...no matter how you structure it.

But would I feel competent performing surgery on someone without an expert's guiding hand?

What "is" financially responsible is easily accessible to find, as is the simple math performed above.

We find 2 bedrooms are the weakest MTR performers.

We are pursuing a house hack (fixer upper) and turning the basement into an ADU which we rent on Airbnb.I had a theory that Airbnbs that performed needed to be walking distance to a metro.

I've performed a few 1031's and had to pay initial fees.

But you would not lose it all, it just becomes a non performer and it would be interesting to see what happens if the homeowner stops paying.

Sellers are not required to disclose material facts about the property that they "should have known," nor are they required to perform any inspections to uncover any issues themselves.

The individual merely acts on behalf of an actual beneficialowner as the beneficial owner’s nominee, intermediary,custodian, OR agent.Note: Individuals who perform ordinary advisory or othercontractual services (such as tax professionals) likely qualify forthis exception.

There is more due diligence to perform for commercial as there are can be a different type of lease for every tenant in a multi-tenant building, despite the spaces appearing identical from the outside.