Understanding financial markets, economic principles, and investment analysis will be very beneficial, especially with property valuation, investment analysis, and financial management.

If you have the open line you are essentially using it as a bridgeCouple of moving parts here but you do not owe tax until you have a realized gain so I am not sure if I quite understand the last question.  

This means you would switch from the 39-year schedule to the 27.5-year schedule, reflecting the change in the property's use from personal or non-residential to rental.It's essential to consult with a tax professional or accountant familiar with real estate tax laws to get this right.

I go to some REI meet ups and from what i've heard from other agents/investors is that i should propbably start residential in order to build a "proof of concept" essentially to prove to investors my worth.

Essentially, I’m buying out my partners and transferring the lots to my own LLC.1.Do I need a purchase and sale agreement for this type of transaction? 

To excel in real estate investment, it's essential to assemble a reliable team.

You cannot impose an additional fee for an emotional support animal (ESA), but it's essential to obtain documentation confirming its status as a service animal. 

Am I going to have a first position lien on the property and you'll pay me essentially a mortgage payment at 10% interest so each month I get principle plus interest?  

The people I’ve encountered in my 40 + years as a real estate investor and private lender who are successful have the following in commonThey are educated as to principles of real estate; real estate law; and real estate financeThey LEARN something new about real estate investing almost every day, and are open to realigning their strategy, tactics, and portfolio to encompass new information and knowledgeThey SPECIALIZE either in a strategy, property type or geographical area, and become EXPERT in that areaThey have survived real estate “depressions” where property prices have dropped 20% - 50%They understand the difference between real estate investing, operating a real estate BUSINESS, and having a real estate job.They network, for knowledge, capital and most importantly DEAL FLOWThe key thing to consider when you watch a YouTube video, take an “introductory” seminar, or read a guru’s website, is what is the subject persons BIAS?  

TDs are essentially a bond and are taxed at the highest rates.