If the threads on the forum are any indication, we're getting close to correction territory.

University of Buffalo which has a north and south campus, Buffalo State located close to downtown and in Elmwood Village, and Canisius College which is on the east side of Buffalo next to Main Street.Each school has it's own territory with UB having two (one each for north and south campus). 

I've recently started venturing into "Lonnie Deal" territory and was hoping to get a little advice from some of those that are a little more experienced in this area.

But since we've only executed purchases in the past, how to handle a donation is new territory.

If you barely break even with less than $1,000/year, then only less than $1,000/year would be added to your income and taxes (as net income will flow through to you, regardless of LLC or not) and I don't see how that amount makes a difference, in terms of bracket or taxes.And that if you don't count depreciation, which should put you in negative territory and if your income is under 100-150K it should save from your taxes.I suggest to read NOLO books on taxes and deductions, particularly the Every Landlord's Tax Deduction Guide (make sure to get the latest edition, updated with the tax reform law). 

As soon as you start soliciting to the public at large, you're definitely in securities territory, and you must play by the state and federal rules.

I'd like to surf in Hawaii one day, but I hear things can get quite territorial on some beaches.

Once your real estate coveres your living expenses and takes a substantial amount of time, I think your in business territory. 

If that's right, once that is out of the way you will be in positive territory again. 

Right now we are in crazy low historical interest rate territory.