Control the humidity, mold goes away. 

I would also recommend paying attention to the landlord restrictions, rent control and overall laws as it relates to owner/tenant relationships.

The biggest difference to me is that YOU have control of every aspect of an active investment, while somebody else is in “control” of a passive investment.  

They can be used in situations of control or hope.

Weigh convenience vs. control—your renovations and location set you up well for long-term growth! 

Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.

I would like to work out a payment plan whereby they pay me while I have control of the rights to the mortgage then in 10 years I pay off the principal.

In General:The statutory exception applies only to joint ventures (but not a separate entity) between spouses and also requires that Each spouse materially participate in the business of the joint venture and That both spouses elect disregarded entity (DE) treatment.QJV treatment is available to spouses in any jurisdiction (community law state or not) provided the requirements of the statute are satisfied.Regarding LLC: Non-community: LLC with husband and wife cannot elect to be taxed as qualified joint ventureCommunity State: Husband and wife LLCPer Rev.

Focusing on what you can control, like consistent effort, really sets the foundation for success.

Which gives me much more control of the money/asset management than just leaving it in the market for alot more years.