Readers should seek professional advice.

Young professionals?

Having done 12 flips you are experienced to do flips on any market.

That easy question to answer will be a really great litmus test in your due diligence toolbox.If you are evaluating a REIT, it would be wise and prudent to do your homework and select the appropriate professional to guide you.

Readers should seek professional advice.

As long as one person is a real estate professional, you can usually use rental losses offset joint income.

Networking at local REI meetups, joining investor groups, and connecting with experienced flippers can open doors.

Check with your lender and consult a tax professional to ensure proper structuring for interest deductions.

But as I got more experienced I learn less and less from most forum posts are you know most basics already.

Assuming they were professionally prepared and compliant with state law, these should define your default interest terms – probably in your note.