Do some demos and make sure you feel very comfortable with the one you ultimately select.If you're unsatisfied, it's a huge hassle to have to transition later when you have multiple properties under management.

You'll go farther in one job you enjoy than trying to do multiple things.If you don't enjoy your job, "Consider" (Don't jump headfirst) becoming a Realtor.

I think the multiple drone shots showing every possible aerial view of everything is a waste of time and can actually be harmful if there's unfavorable things nearby.

Multiple offers are now the rare exception, not the norm.

I consider potential investment opportunities in multiple markets.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

This will lower interest costs and free up future cash flow for reinvestment or reserves.Tax Planning: Work with a CPA to mitigate tax impacts from principal-heavy payments and potential gains.

He is an electrician and lost money that had a big impact on his life, set his family back a few years financially, prevented them from being able to buy the house they wanted to for themselves to live in, caused a lot of stress in their relationship etc.

With the home being right outside the EEV border, it's going to be significantly impacted.

So my other options were to use my good credit but of course all of the loans want to use my personal credit and impact my debt-to-income.