I’m always looking to expand my network with like-minded individuals on here, so feel free to reach out.

I opened individual interest-bearing savings accounts for each tenants security deposit.To be clear, are you opening a separate bank account for each security deposit?

If the only MFH options you're finding are in areas you're not comfortable with, it might be worth focusing on a duplex in a better neighborhood.Saving up for a larger property later is a valid approach too, but keep in mind that real estate tends to appreciate over time, and waiting might make it harder to enter the market later.

Can anyone verify this is OK or is it state by state-regulated based on their individual jurisdiction?  

The IRS's assignment of income doctrine says earned income is taxable to the individual, even if paid to a third party (like a church).Also, 1099 vs.

Being that they have sepperate ways to enter the house it was reasonable.

its up to each individual if they think they get value..... and keep in mind for may 8,400 a year is just not a lot of money.. to others its astronomical to even think of spending that much of networking education life coach etc. 

Quote from @Gregory Wilson:As for the second, there are only about 20 monetary numbers to be entered in Turbo Tax on a single unit rental property 1065 so it always seems to me that the $3500 would be better spent elsewhere.

Enter me.Being terribly deranged in a nice way, and eternally optimistic, I make an offer.

I don't want to name the REIT we dislike, but if you want to talk more about this offline shoot me a DM.As far as investor profile, it really comes down to someone's individual circumstances and what they're trying to achieve.