My advice for anyone looking to hire a PM company is: Review the contract very carefully!

I currently enjoy my full time job in health care, but would love to cut down on my hours in another 5-10 years.

They also will recommend “lenders”, “banks” “closers” “agents” and title company who they 100% are getting cuts from AND EVEN OWN without disclosing that information.

What do I care, it’s going to be the downpayment in 30 days and I get the deal over someone offering more but wants to put down $5k.

Since you're aiming to purchase a multi-family property in Long Island, especially with the help of a capital partner, it’s crucial to run the numbers carefully (rental income vs expenses) to ensure you’re set up for success. 

It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

Some extend their contracts and will want to extend their leases, others may have their contracts cut short abruptly.

More rate cuts coming.

Hi @Jessica Howell,Transferring funds between LLCs and personal accounts requires careful tracking to maintain legal and financial integrity. 

The home is on a septic tank so i need to be specific with septic care.