Until I became active in the forums about a year ago, I had no idea this fear and obsession existed. 

My best advice is to look for someone who’s active in the markets you’re interested in and has been through the challenges of Section 8 (e.g., inspections, tenant management).Analyzing Deals: With Section 8 properties, it's crucial to understand that Fair Market Rents (FMRs) aren't guaranteed, and neither are rents overall.

I wouldn't recommend taking private/hard money unless you have higher risk tolerance and you are ready for an active strategy (BRRRR/flip).

agreed it does not matter for the fully engaged RE professional income varies from year to year.. this is why we hire CPA. it is what it is.. now we can take steps through the year.. like buying things that we can get accelerated depreciation on etc etc..

Building a network and finding potential buyers and JV partners is key to scaling, and it’s great that you're already active on social media and have created a BiggerPockets account.To leverage BP effectively, start by engaging consistently in the forums, not just with your own posts but by adding value to other people’s questions and discussions.

I engage in long-term residential rentals, triple net leases, and short-term rentals, each of which has its own advantages and disadvantages.

You might still have to file a final Form 1065 for the multimember LLC if it was active earlier in the year.

Anyone who has actually been active in this space will know that borrower behavior can be predictable and irrational, and they might have a fundamentally different mode of operating their life than you do.

All I need is a handful of solid active borrowers to keep my money active. 

It’s awesome to see a veteran in the mix (I'm still active-duty, will be transitioning in a few months).