Quote from @Ronit Lodd: Hi everyone,Curious to know if anyone with 10+ listings recommends a property management software that will keep up with scale, as well as could work well with Direct Bookings?

Good luck I have used Ashland as well.. they are a reputable company. 

As explained above, income from the financed portion of the property in an IRA would be taxed as well, but you can deduct related expenses, including depreciation, to minimize this tax liability; that is why I recommend a discussion with a tax expert to understand what your numbers would look like.Hope this helps!  

We take the T12 roll it forward, we strip out anomalies and one-time expenses and then layer in base assumptions and any known large expenses that are planned for the next 12 months.

If all goes well, we should be cash flowing right away. 

I am still searching for a solid and well run property management company in Memphis, TN. 

Your strong foundation in the stock market and tech background positions you well for success in real estate investing.

I currently broker LIHTC multi-family for a large firm coast to coast and am also interested in MF in the Arizona submarkets as well, and will eventually invest on that scale - I just figure breaking into the state through SFH flips may be a more risk adverse way to understand the pros and cons to phoenix submarkets.

This is a structure we’ve implemented with our private investors, and it’s been working really well for everyone involved.Here’s an example of how tiered returns might look in a lending scenario:Investment AmountAnnualized Return$100,000 - $249,99915%$250,000 - $499,99916%$500,000 - $999,99917%$1,000,000 and above18%Why Use a Tiered Structure?

This step-by-step approach has worked well for many, and it can for you too!