Try to get a feel for the stability of the tenant's current situation and recent past.You will probably find a lower standard of care than you might apply to the property.  

That allows you to stay stress free and better able to cope with that situation. 5.

There' certainly no right and perfect answer as everyone's situation is different.

To address these properly, we’d need to understand your complete tax situation, as many of these calculations depend on context.

I'm always open to creative propositions and profit share situations so give a shout!

If your tax situation isn’t too complicated, you could try handling it yourself using good software, but if you want peace of mind, a CPA could be worth the investment.Since your parents have experience, you might lean on their advice while you learn the ropes.

For most situations, there are no significant tax advantages to starting a property management company if you only manage your own properties.

Please let us know situations you’ve been in where you where able to utilize note investments for gains greater than the stated interest. 

Coming out from the Advertising industry in the city for the past 10 years i'm now situated out east on the north fork of Long island and looking for make moves in this region in real estate.Looking to connect with likeminded people and start to grow a network and community around me.

It's much easier to make the situation more favorable for yourself if there's multiple offers on the table.I understand you use an entry only listing service.