And since this Mystery Investor earned the $25MM in finance (as opposed to lottery winnings or Auntie Jane left him an inheritance) I assure you that they, their lawyer, and their accountant know all about the tax implications.2.)

I landed in finance by default, one thing led to another as I matured and learned, building my knowledge one brick at a time.

I was a prior investment banker, private equity and corporate credit person so I spent a lot of my junior years in finance modeling).

I always default to   " get your real estate license"  they may never use it.. but the foundation and education they get from it at say 18 will be far better than most other types of training and they can get the idea of how finances an RE works.its was hands down the best thing I did at 18 .. of course I used it and went right into selling RE at 18  ( not easy but I made it work).. you are then immersed in finance and better able to judge what is good debt what is necessary to have and what you can truly afford. also young folks should simply follow Dave Ramsy cant ever get hurt with his advice when your young and on budget.

I would include an outdoor amenity space for residents like outdoor living rooms, fire pit, BBQ area, rooftop terrace, etc.

Do you say "Lightning fast with AT&T 4G LTE but 0.5 bar if you climb on the roof top on your best day of the week with T-Mobile!!!"

In finally started, The Art of the Deal - Donald Trump (1987).

We wanted to find out if there was any view to be had from the roof top deck, so we measured off some string, took the drone up and spun it around taking pics.

The rehab time/hold times are onviously longer, but I make sure that my spread justifies the costs and time.My preference is the mid rehabs where the property is not in finance condition from an institutional lender (such as kitchen is gutted or mold, or foundation issue, etc) but is not a full gut job.

Which resulted in fines of close to $1k per property.2 - Then due to poor rehabs we needed to replace a "brand new roof" and parts of "brand new flooring"3 - When we purchased house #2 there was a small leak from the ceiling in a closet which I brought up at least 10 times that I wanted proof it was taken care of.