On paper it may not show as much cash flow as some of the lower priced pockets but there's a much higher probability of a safe, reliable resident that will make your return much more consistent and passive over time. 

If you have each been declaring 50% of the gain/loss from each property then you would each be the "tax payer" for 50% of each of the properties. 

I've gained a lot of knowledge and support from the community of investors with various levels of experience.I wish you all the best on your journey !

They can handle bookings, cleanings, and guest communication, so you’re not always on call.Also, keep in mind that some areas have specific rules and regulations for short-term rentals, so make sure you understand what’s allowed in any location you're considering.It’s great that you’re eager to learn, and with the right strategy, STRs can definitely help you gain more freedom.

It is an unrealized gain not income.   

We are currently paying down most of our bad debt to put us on a better position to buy, and gaining more knowledge in the process.

After much research and talking to people who did it all (running crews/flipping, owning to rent/passive investment, brokering, selling real estate as agents and etc.).

So, the seller would be gaining ownership of the house at an exchange price of $352,000.

If not, the way you build trust is to take a step back and gain some experience investing first in some way shape or form.Then you want to assemble a team who have the experience in all the aspects needed to make the proposed project successful.

You may show losses that can be carried forward and offset future capital gains.