If I read the story correctly, your client did not report rental income.

Here are some tips to help you start on the right path:Education Is KeyInvest in yourself first by reading or listening to books and podcasts about real estate investing.

As far as the noise goes, I can tell you from experience that being an entrepreneur in any form can be a very lonely place.

My actual experience has been very varied.  

I have an idea of an initial investment and returns I would like to hit, but would love to speak with those of actual experience to see if my numbers are realistic.

Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre &  games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a  complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-) 

We had to read some IRS publications when we were uncertain about a few things.

I have read so many posts from Denise Evans but I don't fully understand the 'giving notice' aspect. 

@Nick HenryIt sounds like you want to gain experience to scale a portfolio over the 1-12k per year cash flow.

You can also search Google and read reviews.