I recognized there was risk.  

recognize there are various risks, not just financial risks.Good luck

Over time, people will recognize your name and may reach out to collaborate or partner.

However, I recognize that I still have a lot to learn and would greatly appreciate any guidance from experienced investors, especially those familiar with the Indianapolis market.If you have experience in real estate investing and are willing to share your insights, I would love to connect and learn from you.Thank you!

Mind you I was fortunate to work for a company whose leadership is recognized as some of the most brilliant real estate minds in the business.   10+ years into this business I now appreciate the advice given to me at the time and my message to you is the same advice given to me.

We recognize the value of your time.

Instead of recognizing the gain of 600k - 100k, you get a stepped up basis at time of death.

Our team negotiated a purchase price of $40,000, recognizing that even with minimal improvements, the home could yield a profitable return.

That's great if you got a home run deal, but the reality for your first one is to try and live for free, and then get better for HH #2, and then incrementally better for HH#3, as you progress in your investing career, you will be able to recognize those great deals, but it is much harder in the beginning since you have a huge learning curve. 

By not taking a partial disposition deduction, you would be missing out on potential tax benefits associated with recognizing the loss on the disposed roof component.