I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.

It will familiarize you with the basic terminology and benefits.

From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.

It will familiarize you with the basic terminology and benefits.

I'm from Toledo and know most of the turnkey guys. just make sure to buy later than 1950. don't get the knob and tube and plaster and lathe and cast iron sewer lines. understand that most markets that do turn key or section 8 are going to never appreciate like Cleveland or Toledo or tertiary markets like Akron or Cleveland.

Meeting the material participation hours is absolutely doable, even with a property manager, as long as you stay actively involved in key tasks like marketing, bookings, and bookkeeping.

We also run numbers to avoid lost money on blindly paying for an appraisal to find out its a dead deal or of no benefit.

Use tax benefits like depreciation, repair deductions, and tax-free refinance proceeds to offset income, and consider an LLC for liability protection.

you live and die by your sub contractor relationships.. this is the key in my mind.

I think the key is you have to just always try to look at it with fresh eyes and consider that others are in different points of their trajectory.