Real estate investing is a complex business - with the key word being business. 

Please note -- although this is separate from property management, IF your PM handles this for you in addition to traditional property management, is the fee you would pay them for this different than if it were a completely independent construction manager/overseer not already associated with the apartment complex?

Immigration law is complex (like any kind of law is simple) so you want to make sure you follow the rules.

Then as you feel more comfortable you can start taking on more complex projects

The cost and timeframe for evicting squatters can vary depending on various factors, including the complexity of the case, local legal procedures, and the squatters' cooperation.

Each structure has its pros and cons, so it's essential to evaluate them carefully based on your individual circumstances.Ultimately, navigating the transfer of a property to an LLC can be complex, especially when dealing with mortgage lenders' policies and requirements.

Even on simple deals we refer our clients to QI's who truly understand the Code and can handle complex transactions.

It's an exciting but complex decision, and I'm reaching out to this community to gain insights, advice, and maybe learn from personal experiences.Pros and Cons:I've identified several potential pros and cons but would love to hear your perspectives.

You could then utilize bonus depreciation for the equipment to increase your deductions which would help offset the capital gains.Both strategies can be complex, so always be sure to discuss these with your tax professional.Have you utilized either of these strategies?

Then refinance my current property and use that as a down payment to a small apartment complex (5 to 7 units).