I use a schedule E and do not have an LLC or business name, so can I purchase the vehicle under my personal name and take section 179?

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

Learning from a successful person would help to make your business more "bullet proof".

These are my personal takeaways:Real estate has been more passive for me.

Where would somebody find such a person that even gave a care???? 

Depending on your loan it might only work in the STR game.HOA’s normally do not allow in the Oceanside area but if you get on the beach then they do with restrictions.If you want a personal consult let me know.I have a team here in Oceanside, Carlsbad.

It’s ran like a business, not a personal investment.Given the heavy workload I have being the CEO/founder of the wealth management company, my wife has set up a well oiled machine on the property management side, due to her perfectionist drive however, it still means that she's constantly dealing with tenants and toilets and replying to items at all hours of the day and night.

Yes - it is far more work than a silent investor in a syndication... but I want the control, so find it personally more rewarding.  

You are still going to have holding costs and a heloc will just have less holding costs that you would if you were doing a personal line or hard money. 

Her leaving was bittersweet, as it was for a great personal opportunity for her.I’d love advice from you seasoned landlords:Should I lower the requirements in light of the area’s circumstances, or wait it out?