The only big issue I ran into is on of the basement walls needed extra support, I don't think a newer build would have that issue. 

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

Surround yourself with knowledgeable professionals who can support your real estate endeavors.

It's usually best to talk with your neighbors about your plans and get their support as one of the variance tests is that the requested relief does not cause a public health issue or alter the essential character of the neighborhood.Try googling "tests for a variance in [your state]" and talk with your local zoning department.

I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).

I ended up with some rules, couple here:1.Discrimination - Never Rent to Attorneys, Law students or Law Professors.Learn all you can about the Housing Laws i.e.

Don't focus on a "rule of thumb" as a rookie.

Start small with manageable deals, educate yourself continuously, and build a strong network and team to support your growth.

Let’s connect, and if there’s anything I can do to support you, just let me know!

You can also navigate through our Product Tours on the dashboard, which will show the platform functionality as well.I'm excited to work with you to see how Invelo can support your investing business!