Truly depends on your lifestyle and the amount of time you want to spend on real estate.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

The question is do they change their personal lifestyle and use this income to help the struggling projects..

While I am impressed with your enthusiasm, the reality of getting a project done and for a proper return on investment, whatever your investors may be looking for, is difficult.

Make sure that your LLC structure is solid, with proper insurance coverage in place, to protect your personal assets from any potential issues related to the rehab or the property itself.

I will treat them properly no matter how they behave because how they behave doesn't upset me.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Looks like Oregon has strict laws about notice and cause for termination, so you may want an attorney to advise you so you’re following proper procedures.

May not have as much cash flow but equity would be there.Also you make your money on the overall management of the asset, from the due diligence from the beginning through proper management and exit.I also agree that there are properties that I have had people want to give me and i have said no.

The key is understanding how to properly screen and also how to manage.