Lower taxes, no POS and lead testing. 

No management costs as it would be self managed, and estimated property taxes by the average of the past few years.

. - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio. 

Those are good resources, but what you will find is that most of the closing is learned in the field by connecting with people.A couple of tips:1.

.: The applicant needs a social security number or an individual tax ID number (ITIN).

Any guidance or tips would be greatly appreciated!

@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.

AssetsAsk yourself: Do I want cash that depreciates with inflation and taxes, or do I want to build wealth?

This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.

If anyone has tips for tackling those first few deals, insights on balancing these strategies, or just wants to connect, I’d love to chat!