Most people don't know how to use a wood burning fireplace correctly - operating the damper, not closing the damper until the fire is completely out, going to sleep with the fire or coals still burning. 

You need to know what to look for, what to address, and have solid buisiness acumen to run a MF operation of that magnitude.

As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.

I learned from Dave, how to talk to potential investors, how to build rapport, how to answer questions and explain the company’s strategy and operations and the secondary mortgage industry.

Deduct mortgage interest, property taxes, travel, and operational expenses.

It has been operating for 2 months now.

Currently, I am self managing all the operations.

The best way to think about it is you're in the business of renting a property-that business isn't operational until it's ready and available for rent (aka in service). 

We are familiar with several operators, but we chose to work with AJ Osborne at Cedar Creek Capital. 

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.