On the other hand, I have bought numerous properties from absentee owners that paid cash for their investment property here.

Our market is very heavy tourists, so a lot of individually owned STR condos, but honestly I've personally have had more success in long-term rentals doing the BRRRR strategy with small multi-families and B-Class SFR's. 

Are individual (for each rental property) passive losses not allowed to be sum up together to offset capital gain of the sale of one of the properties?  

Brandon, it depends on whether you are an individual CRM user or a team.

Each individual one looks scary and increases near-term risk for landlords, but it effectively locks in additional compound growth in the long-term as is ultimately reduces supply and competition. 

Do I really have to do a separate management contract for each individual building?

Purchasing a new home with seller financing does not change how Fannie Mae would qualify your income on the next application. 75% of your long term lease agreements (to a single family or to individual renters in your property).

You could either form a Joint Venture (JV) agreement between you two individually or between your two LLCs. 

I am eager to engage with like-minded individuals who are focused on improving their financial situations.With a strong background in sales, I’m also interested in potential collaborations, particularly in wholesaling properties, where my sales expertise could be a valuable asset.I look forward to connecting with those who share similar goals.Best regards,Dan

I've sent him numerous emails specifying what I want and I now have a bunch of unanswered texts asking about what's going on.