While the taxes on the listing may seem reasonable if it turns out they’re 300% more than they were two years ago just because the community has increased its spending this is a trend that will quickly make your cash flow evaporate.

The only reason why I would do that is so I can 1031 and minimize my tax liability.

You know this and the reason I am saying that I am considering in getting a real state license is the connections, the access to listing off market and possibility of earning commission that I can use to increase my portfolio.I think that being an investor agent will help me build a reputation and that can be good or bad.

My thought is to help him out by going in 50-50 partnership for many reasons: half down payment, half capex expense, strong co-signer on loan, me being local to investment property to take care of little things that need attentions (he will be out of state for his job/I will have PM), etc.  1. 

@Kamal Sukhija What is the reasoning driving the 6,000 SF mark? 

Definitely a very expensive lesson learned, need recommendations for a reasonable priced, good contractor please?

They will know market data and trends better, have reliable comps to base their recommendations on, and could even be a great deal flow with current portfolio properties selling.The completely remote, centralized PM function is one of the reasons why you see the homes owned by PE firms sit on the market so long.

Reason to ask is because Launch Control requires you to put at least the company's abbreviation on the SMS template.

For that reason, most of these lenders want to ensure you OWN your primary residence.

It’s also a safer place to start as a first time homebuyer and there’s no reason to not take advantage of the perks available to you now.