Simply put, there are a lot more co-hosts/managers like myself and yourself who got started self-managing their own properties around covid and are now afraid or unwilling to buy new properties at current prices/rates, but want to use their knowledge/experience to keep increasing income in the space. 

Despite what anyone else may say, unfortunately, $5k is simply not enough to acquire an investment property.

Would simply owning these properties through an LLC (with an associated business account) be enough to benefit from this? 

At the end of the day, everyones ultimate goal is to become the bank and simply lend out a pile of money and collect a return rather than having to do the grunt work of making these assets perform.

In their support, they point to the 2009 Woody Tax Court case which concluded that Mr.

And if it did happen, the lender will simply fix the "botched paperwork" and proceed, A lawsuit will cost your friend $25,000 plus paying the arrears on the loan with no guarantee of success.

The easy answer is simply a 240volt plug on the wall.

If it is, your property may not appraise or sell, as it would simply become another active listing in your neighborhood.

I assume you’re simply trying to get a regular investor loan in your own name for 50% of the value to pay off the other heir?

Then at the end of the month/quarter you just have to do the math to deduct their usage from the total and bill it how you want.Best option for me going forward is to simply not look at properties that aren't individually metered already haha