I may not disclose every detail right out of the gate until I evaluate the best way to communicate.

OK so I am a caregiver, I work for a man who lives in a condo which is gated and has a HOA.

If your intent right out of the gate is to develop and sell, the income wouldn't be short-term gain, it would be ordinary income with self-employment tax exposure.Holding for a year doesn't matter. 

High achievers always move the goal line out anyway; so, tying your happiness to the end result rather than daily action can result in unhappiness along the way.Regarding real estate investing, add value...it speeds up the wealth building process. in the For What ever its worth category.. to me real estate is life.. its a life style.. there is no retirement.. not sure why folks get so worried about retirement.. you get your stable of whatever kind of real estate you want  sFR multi commercial  Notes  short term lending .. fix and flip  value add  MHP  storage spec building etc etc.. and you nurse them along and work with them until you pass through the pearly gates.. why retire even if you retire with rentals your still involved in some manner.. if I looked at real estate that way I retired at 18 when I started selling the stuff it was and is not a JOB to me its a lifestyle..

Right out the gate, we learned so much about property management and even had to evict our first tenant! 

Tough luck right out the gate.

If I could do it all again I would buy a mfr right out of the gate.

Just to mention a few Bill Gates, Mark Zuckerberg, Amancio Ortega, Bloomberg and they make up 50% of Americas income.

-the community is gated, close access to I-35, and will have at least 90 units.

I remember back in my college days when my classmates where paying several hundred dollars extra to live in some hundred year old building in Midtown just so they could be close to all the action… meanwhile I’m paying way less and living in a gated community with a pool.