thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

Been in law enforcement for some time and while they do evolve over time, they will keep the same red flags in for long enough for people to figure them out and spot them. 

My ultimate goal would be to buy fixer-uppers to turn into long-term rentals.

One long-shot option is to offer a lease at something like $1,300. 

People always long for the days of yesteryear and idolize the past. 

My recommendation is before chasing all these real estate deals is to go earn and save some money so when a good deal comes a long you can take action and move on it. 

I want to work with great people, build long-lasting relationships, and help them grow their wealth while doing what I love.Here’s where I could use your insights:Raising Capital: What’s the best approach for attracting investors who are interested in partnering on real estate development and redevelopment deals?

How strong is the demand for mid-term in Denver?

For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.