Too much risk.I guess they could always be a paralegal when they lose their law license.your attorney is rather laid back with his correspondence

@Dayton Bourassa one issue you haven't addressed is whether these properties, and the corresponding tenants, are Class A, B, C or D.Why this matters?

Now when the final K1 shows a big gain at federal and state levels for that specific investment, can the gain at the state level be offset by all the prior years losses (corresponding to that specific investment) that were used up to offset the gains at the federal level only?

PM us for more info, but in the meantime read more advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@David PulidoYou could be a correspondent lender and broker deals to kiavi, easy street etc and maybe collect a fee but it’s more than “just an intro” - you should be underwriting the deal, and doing most of the legwork.

Came back 4 years later to comment on another posters response and see this correspondence....Not sure if you ever got back into Probates, but I've been targeting for 10 months now....Primarily through direct mail...admittedly need to implement cold calling....but looking to systemize....love to connect if you went on to pursue probates again.

In my email I have a folder where I keep correspondence and because most pay via etransfer, those emails as well. 

We purchased it the same way, with a conventional loan with 20% down, and it is doing well, the calendar is full, and we have an Air BnB superhost who also turns it over for us in between guests, and handles all guest correspondence and concerns, so it is truly passive.

Letters involving, regarding, affecting people of non-legal profession should attach a translation to correspondence.

Then in keeping with USPS regulations (that the exasperated mail lady gave us because of the complaints) we added large numbers on the mail boxes that corresponded to the respective tenants units.