My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.

Does it have shared systems you have to manage or separate utilities for everyone? 

With VRBO you there is no damage coverage or insurance unless you pay for it separately, the website and app are very clunky and you can't vet any guests - it's a crap shoot! 

When you do move in, it will be important to separate out direct and indirect expenses.

(Including the guy with the blowtorch neighbors detained who wasn’t charged with arson but instead jailed on a “separate parole violation”.)Read two statistics today that seem insane. 267,000 cases of arson in 2023 nationwide. 13,900 fires in JUST LA in 2023.

IDEALLY, we would like to find a property that has or is capable of being converted into a “mother in law”, “ADU”, “Casita”, or any other separate living quarters in which we could rent out the main portion to a tenant (short term or long term) and then use the separate space as our own for when we come and go with business.

Each project is a separate LLC legal entity and is independent of the others.

We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.

It has the appearance of 3 separate buildings from Germantown Avenue but from the interior the buildings flows as one.

It can also be used to preserve assets acquired before marriage or planned for separate personal goals.