I just thought he was busy and didn't have the details, so he hadn't responded.

Now, there is no longer a need to seek free advice from busy tax professionals.

My biggest piece of advice is to run it like a business especially with the tenant next door.

My business partner and I are always looking to partner.  

The issue is our land value is high, so the structure value is low compared to the overall property cost. 

By using their ability to raise capital, I overcame financial hurdles and got access to great investments.Like any business, syndication came with challenges.

Partnering with an amazing agent and focusing on flipping/a normal job/different business can be a lot easier than trying to learn the ins and outs of sales as a Realtor.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

Want help finding lenders or structuring a deal?

Check out the STR forum where you'll find some great information and will see questions and answers from those who have successfully scaled STR businesses.