It may be hard to find unbiased advice on account of that.To me, it seems that his/their core competency is promotion and fund raising.

We have some retirement accounts.

But you have to account for:1.

When I purchased the property, it had the basement with tenants but the rental income wasnt taken into account and it was just considered a two flat, as it had two units in addition to the basement.

For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.

.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

I also really like looking at a giant balance in a bank or brokerage account.

Is there really no way to hold shameless tenants accountable?

They get an ACH from my tenant in their account same day, but won't do the same into my account.

You can run the same scenario accounting for the tax hit if you kept it past the 2 of 5 year time frame I presume you are referencing.