If everyone is truly active, it is now a joint venture and you can have a local real estate attorney form an LLC for you (which is much less expensive).

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.

They will be proven successful investors from your area who meet up once a month to go over what works for them, what's aching them, and they're typically very willing to help new investors.

When trying to set up recurring ACH payments, it asks for routing numbers which I don't have for my electric company, water company and mortage, only account numbers.

Does anyone know a property management software for a small landlord (10 to 15 units) that allows ach draft?

George Washington acquired a significant amount of land this way, and shortly after acquiring such created SYNDICATIONS (he later used JOINT STOCK COMPANIES when they came into existence) to raise the capital needed for development.  

Yes most definitely, however each person are able to acheive 10 maximum conventional loans, so if each properties are applied jointly, then you both would only have 10 active loans/properties instead of 20 loans (10 from each person) So you would want to strategize accordingly and see how you can acheive your maximum potentials and have multiple properties with your partner.

Then you and sis start looking at the market to find properties that fit your joint goal, and dad looks at his portfolio to find the places he wants to sell to get the funds to arrive at the model. 

Their policy changes including price increases, charging for every little thing as an "add-on", complicated GUI and the lack of fixes of known problems (posted by their "community" on a Facebook Group), and super slow ACH deposits (which take 10+ days!)

Hey @Katie Williams just wanted to clarify a few things:We will take away a tenants ability to pay via ACH after 4 failed ACH payments.