Scott, very generally speaking, the "occasional investor" can sell property using the installment method for tax purposes (reporting gain only when and as the cash is received), whereas a "dealer" must report the entire gain in the year of the sale.Clearly, the dentist who infrequently dabbles in property deals can get installment treatment for his gains, whereas the chap whose sole source of income is his full-time business of doing property deals is a "dealer".

I used to go across one to a smaller town for my dentist and drugs.

He and his wife went down, used one of my condos, and saved about 6K using my dentist.

Oh, but let's say that the project is 80% or more owner managed, The Homeowners Association is made up of non-real estate types, maybe a retired teacher, a dentist, an engineer and a Realtor and load the other board memebers with whom ever you like.What you'll get is an engineer that wants strict building requirements and maintenance done, no holds bar on the costs, a teacher who wants only the outside to loom pretty, a Realtor who is geared to re-sale value....the dentist wnat to call in an expert and get a committee to advise the board...you get the idea.

I had a dentist there, who is great.

These might range from a seemingly large “incorporated real estate capital lending firm” to truly private money from your dentist.

My dads a dentist and he is already 70+ and refuses to retire.

I want a building that is always rented to middle class renters, and/or service companies (insurance sales, dentist's office, whatever)THE MID TERM GOAL:Once I've purchased the two properties, and have some factual data on them, I plan on going to my network in China and getting investors in properties in the USA.

We take mom to the dentist every three months to have her teeth cleaned, but I know a Dental Hygienist who makes house calls and stops at the retirement facilities.

I'm a dentist by day so don't know how much time and effort I'll put into real estate investing but wanted to use bigger pockets as a resource to learn as much as I can, and see if I want to expand my focus on real estate.