For 2 in the context of an ig account or YouTube account or on BiggerPockets probably when you’re passionate about helping and teaching others and that outweighs the downsides from number 1

There are a lot of factors to consider when get a cost seg study to determine if the benefits outweigh the costs.

It looked like things could get hairy going into the back half of 2022, but the lock in affect along with buy downs has prevented the inventory build necessary to have supply outweigh demand.

What are the pros and cons and if the pros outweigh, when to bring any action (now, after project completion, etc)Am I at risk of losing the property since its not going to be done any time soon and as I understand 203k's, they should be done within a certain timeframe....now by my estimation.

(if you end up on the east coast)Those license and membership fees will outweigh the $200 saved each month pretty quick. 

For me, my freedom outweighs the cost.

I'd have slightly more risk but a lot would have to go wrong, and often, to outweigh the math. 

If I pay myself 100k I think that I will pay more than 12k per year.But on the other hand, in the long term, the cash flow and appreciation will greatly outweigh that short term loss.What do you think? 

They should not outweigh the benefits of erasing $250k of gain.If you want more details past this intro - you would probably need an actual consultation with an expert.

As Russ mentions, these ultimately come down to levels of management, and ultimately trust in others to do what they say:Placing bad tenantsMisaligned interests, assuming all team is fee basedCan't truly know the markets and submarketsPoorly executed repairsLarge capex/repair billsPaying premium for everythingConflicts of interest, where management may get bid from "friend" and then 2 other high priced places to make "friend" appear bestAdditional tax filings in that stateOften times more challenging to finance (clearly there are lenders that do this, but not as many)Additional costs for travel, assuming you don't blindly trust your entire teamMore challenging to replace any member of the teamThere are advantages, but for me, they don't outweigh the pros.