The information contained in this post is not to be relied upon.

Quote from @Garrett Brown: Quote from @Bryan Stengel: Hi @Garrett Brown, I really love this idea. 

- Many PMCs are too lazy to do this!

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

I won’t be responding to this non-sense anymore. 

Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.

Quote from @Timothy Lawrence: Hello All,Today is the day I decided to upgrade myself from being a lurker to being an actual poster.

Be very careful with this as a first time project! 

This figure is for C class properties.  

This also leads owners to ASSUME simpler is better when it comes to management contracts.