To cut to the chase, the number of days a rental property on the market may not necessarily signal a market-wide demand problem.

But residential real estate is as good a way as any I know to have a fair shot at retaining the real value of a piece of this $10M portfolio and ensuring that the income stream is, more or less, allowed to flow with about the same amount of real cash flow for a generation or two.Housing is 30-35% of CPI, so residential real estate is  essentially by definition inflation adjusted.

Finding, retaining, and monitoring housekeepers4.

There is no short cut in building and retaining wealth.

., a 10% cap on annual increases in a property’s assessed value for Florida property tax purposes) on the subject property COULD NOT be retained by the LLC after the transfer.Now your 10% annual tax cap is GONE🤯Despite the Florida Supreme Court's recent denial of discretionary review, making the decision final, the S & A case could significantly affect real property taxes for various related-party real estate conveyances.

What matters is retained NET.     

However, I was smart enough to retain a $10,000 reserve.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Such environmental due diligence is typically performed by retaining environmental professionals to conduct a “Phase 1 environmental site assessment,” and if necessary, a “Phase 2” and “Phase 3” site assessment.

Thanks for jumping into this @Jay Hinrichs- My CPA assures me that by retaining title (not transferring it to the partnership) I can enjoy cap gains on the land profits portion.- All the costs you list are in the $2M.