If worse comes to worse and I need to get a judgement against the tenant and co-signer(s) can I force them to pay?!?

Purchase price: $44,000 Cash invested: $75,000 This was a huge undertaking, but the risk reward ratio worked out great.

Every REI has a starting point, a build up phase, and an exit phase (this doesn't have to mean out of REI...it refers to cash).The key to determining this is based on an investment plan, and where the REI is in that plan. 

This was stated in my post.  

I’d love to hear your thoughts, tips, or even warnings.

If the gap still exists, is it more narrow today than it was during the lower rate environment?

Its not hard to start , its getting to the finish line is the difficult part . 

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

As soon as the year membership is up, I'm leaving.

I posted awhile back about the new short term rental rules in San Antonio here: https://www.biggerpockets.com/forums/530/topics/1200417-new-...Wanted to share a brief update on my experience and some other helpful notes:The city is getting serious about these rules.