- Loss of historical data (for both IRS audits and for personal portfolio tracking.)You should be able to print the general ledger and Balance sheet / income statement for each period.

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

Share what you are looking for and the deals you are working on with your network in person and on social media regularly.2.

Hey @Logan Barwick, I personally like option 1, but this depends on what your strategy is to grow your real estate portfolio.

@Antoine Black  In general, yes, it goes off your personal credit. 

IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.

If you want to think about it as a math problem, it’s all about where you put your time to maximize returns while also factoring in what you enjoy doing.Picking the MarketI’m the kind of person who gets analysis paralysis.

Do you sell / buy real estate in Mexico personally? 

Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.  

I've done enough personal home projects to know, if I find a deck company it'll be 2k, but a GC will charge me 2.5k to over see it...