If I could find a duplex that sells at that number and is rent-ready, I'd actually be pretty close to 2%.The problem is that if I inverted my analysis and said, "Hey - this hits the 1% rule!"

@Robert B Azimi If I'm in your shoes I'm meeting with the tenant in person to figure out what's going on.

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

This requires careful structuring and compliance with IRS rules.Installment Sales or Buyouts – Instead of distributing properties outright, investors can sell or buy out their respective shares over time, spreading out tax liability and reducing immediate capital gains impact.LLC Restructuring (State-Specific) – Converting the corporation into an LLC taxed as a partnership may allow for a more tax-efficient asset distribution.

This way, you can have a clearer understanding of what you want to do before making that initial investment.All the best!

If you are looking to pull more cash out I'd go with the second option.

@Dan Poratcheck out anything by Tarl Yarber. 

I hope it works out.

How are you able to scale big when out of state and super busy? 

Word is getting out, slowly but surely.