The original property was gifted to my ex-wife.

Our family has 7/40 ownership and the university was gifted the other 33/40.

It could have been a gift, illegally obtained, inheritance or left over from a previous time in your life when you had a higher paying job.

Many of them want to be average and feel entitled and like they are the gift but are only rock stars in their own minds.The ones that are humble and have a constant thirst for learning and to be the best without getting the big head are optimal.I would only consider taking on an agent with a 50/50 split.

I would be tempted to give my 7 year tenants a parting gift card to a restaurant to enjoy during their stressful move.

You'd need 3.5% down (you can borrow it from your TSP or 401K or gifted) and 3 or 4 months PITI in reserve (again TSP or 401K) & your payment will be higher due to mortgage insurance, but you don't need any property management experience at all.  

What every that $X, that is your limit, unless you can get gift funds.

This is why it is important to have a competent CPA on your team who understands estate/trust/gift taxes in addition to business taxes.

This is reminding me of when I went to pitch for  a condo for a 100 gift card, in Las Vegas when I was 21. 

I would like honest feedback.I know that FHA loans allow for gifts which I could most likely get from a friend/future partner, as a "handshake" and technically be without repayment listed on any sort of contract.