The worst of them refuse to make repairs to 100 year-old buildings, creating a slum lord problem and giving all of us a bad name in the eye of the public.

If you are in a relationship and want to invest, there is one thing you must be sure of before you start your journey.You have to be on the same page about real estate investing.Almost every story of a successful investor has a cooperative partnership and agreed view on investing as a couple (and a plan for the kids if they have them).Both parties don't have to have the same level of involvement.

@Chris SeveneyWe put tenants into collections without a judgement or involving an attorney.

Cohosting I have never done - it seems like a term that can mean many things to many people.Generally speaking I see in 2024 arbitrage is for people who want to be involved without actually investing, and cohosting for people who want to be involved but do not want to a PM...

.- Keep an eye on the local market trends.

This could lead to significant tax savings, especially if you're actively involved in the management and operations of your properties.Additionally, starting a property management company would allow you to deduct a wide range of business expenses related to managing your properties, such as office supplies, travel, marketing, and payroll (if you hire help).

Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.

House hacking involves specific tax strategies like depreciation, expense allocation, and potential rental income reporting, especially since you’re in a different state from the property.You cannot just claim the house.

Then, someone is going to look very closely at that LTV and all eyes are going to slowly turn toward you.  

I mean if you get it, it will allow you to retain your investors.As an alternative, you can take the route others suggested:1) Fund  of funds2) Partner with others on GP side in an investors' management roleKeep in mind, that both options would require you to have a full understanding of the role and the regulations involved.