Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

It's all a numbers game and knowing if the numbers make sense with the turnover, rehab, and higher rents.

With rental real estate, you can usually deduct up to $25,000 in passive losses, like depreciation and expenses, if you actively participate in the rental activity.But here’s where income comes into play: if your modified adjusted gross income (MAGI) is $100,000 or less, you can take the full $25,000 deduction.

Find out what that VA restoration will really cost youSecond, you are making a rookie mistake, one that the gurus play on to make you spend money for almost always useless sessions.

The only way to lose the game is to run out of cash.

A friend of mine, who's been investing in Austin for years, mentioned that this approach is opening up more opportunities for both developers and residents.In my own experience here in Phoenix, flexible zoning has been a game changer.

Easy to buy, not as fun when you sell.Might also study up on CTA....no more shell games....My guess is you need to hook them up with one of your great attorneys to get them an LLC and also find them a bank that will allow them to open a bank account. 

Aside from disclosures, which I think can sometimes hinder a purchase or a sale, it's a lot harder to play dumb as a seller when you are a licensed professional. 

Can you please share why or why not and how the performance played out over a longer period of time?

We're doing buy & hold for the cash flow so that I can leave my day job and play monopoly full-time.