Math clearly isn't their strong suit.As for the squatter, this demonstrates why it's important to use a professional property manager.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

Pay for professional advice and advocacy when needed.Support each other - you WILL get through this.

And as long as we have more people than houses it's hard to construct a scenario where residential real estate would come under pressure.I subscribe to a lot of professional research for my YouTube channel about Milwaukee market data and I always get asked to comment about market crash reasons.

Readers should seek professional advice.

Hello Bigger Pockets folks,I’m an early career professional mechanical engineer (~8 years) hoping to learn the ways of real estate investing and make the ultimate pivot.

Build a Strong Team and DelegateAs you grow, it’s critical to surround yourself with skilled professionals who can take on various tasks, allowing you to focus on high-level strategy.

Readers should seek professional advice.

I'm a long time professional property manager and I'm not afraid to deal with delinquency or other legal matters myself, so I only pay for the services I want, like screenings and the tenant payment portal. 

Of course Gene,Your losses offset your gains.You can even carry losses into future years.Please consult with a tax professional though ;)