Once you go through this exercise, it will become very evident to you which ones are the studs and which ones are the duds, cash flow-wise.

Based on the list below - you might derive the exact role we'll discuss!

The other thing is, and I don't want to speak for all GC's here but, I am not a designer, I am a builder, I facilitate getting things done, that is my role.

Taxes will play such a small role in your two different scenarios that they should be a minor factor to consider.When asking about taxes, better questions would be:1) What asset class yields the best tax advantages?

On top of that I will give the tenants access so I remove myself from the role of "monitor" and let them call me if, and ONLY, if something fishy is up.Since this last post I have done some rethinking and will only offer the tenants free wi-fi.

A good exercise that I did was to look at different analysis measures and make my own excel sheet.

I grabbed a couple addresses off Realtor.com and used it to find the BBL, but from my phone it seemed like a pretty pointless exercise. 

If IRS does not exercise its redemption right within the 120 days it will automatically expire.

, ... even verbally sparring with the occasional challenger is all social exercise for me.I still say the wrong thing quite often, or say something folks don't understand.

I'm about 20 podcasts in, and number of people I've heard interviewed have recommended just getting the license regardless of what role you want to play in real estate, partly because it gives you access to the MLS.