And the NNN leaves you only managing a long term lease rather than managing a property.And given your expertise, there's nothing wrong with a transition from farmer to landlord of the farmer. 

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

Each room will have a separate lease on it with a separate deposit following normal property management practices, and like you said, the leases have different start dates. 

In Phoenix, a 1996 build is practically brand new when compared to a WWI-era home in Cleveland or Pittsburgh or some other Midwest or East coast city.While I agree that older homes come with more problems, buying something newer may not work as the price will be higher and won't cash flow as well.I'm of the mindset to buy what fits your budget and investment goals.

I know a lot about the industry through my education, but have very little/no practical experience when it comes to managing investment properties. 

Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.

With Debra's expertise and keen negotiation skills, we secured the home for $100,000, ensuring it was positioned for a profitable and quick resale.

They are 100% correct.The downside sometimes to forums is people have a superman complex and get the impression real estate is easy as they think everyone is doing it and just jump in without the knowledge or expertise.

Jeremy, your experience as a military civil engineer and project manager is so impressive—I’m sure all that expertise will be a huge asset as you dive into commercial real estate.

They can go practically anywhere.Emotional Support Animals can be any type of animal - dog, cat, horse, peacock, komodo dragon...