You could use the rest of the land to build your primary residence.or...

I'd build a network of agents and owners in your select markets that work primarily with investment properties.

You have so much time to figure out what you want to do and build a network throughout that time.

My name is Bryan, and I’m eager to start building wealth through real estate.

It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!

I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental? 

We just acquired an existing duplex in Fort Lauderdale and planning on tearing it down and build a new duplex instead.

Mexico is already building tent cities to house them.

I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

If it could even break even, I'd be fine not cash flowing as long as I was building equity.