@Nathaniel Kamp This sounds like an opportunity worth exploring, but time is not on your side here!

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

While I continue nurturing those realtor relationships (and patiently waiting for my phone to ring), I'm curious to explore other avenues for sourcing off-market deals.

All kitchens were professionally installed and the building is in great condition.

There's no accountability on tenant (simply fill out a bogus covid hardship form saying they cannot pay anything).Is it possible for me or some professional to do a credit report and dig up information on what their net worth is and go after their assets in the courts and the judge would force them to pay out of their checking / savings / retirement accounts?

You should look into whether you can hire an officer to walk through your problem unit and have his professional opinion on whether they are smoking in the unit or if it is a residual smell.

Title work Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Quote from @Emmanuel Rugamba: Hi everyone I am 26 year old professional athlete looking to buy his first home but also house hack in the process.

I'm exploring this as a potential investment and would love to hear from anyone with experience buying in JC.I'm looking for recommendations on good areas to invest in.

It's not our professional practice.