@Jefferey EutsayIs there a specific aspect of this deal that you are hoping to get advice on?

Also, it lends itself to unconscious bias because we are more likely to view negatively people who are different than us.

Let them build through hard work like teaming with reputable operator who may take a cut but own the project etc.Neal Bawa and associated companies are another bunch or lier’s who project rosy picture to sign up people but fial to deliver.Those two have made my experience with real estate very companies very negative.

The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income. 

Owning the property in an LLC and living in it as your primary residence would negate the value of the LLC.

But there are just as many who won't...don't get stuck in the negative.   

- Most real estate investing projects have negative cashflow for the first few months - if not the first few years.Keep listening to the podcasts, but pay attention to WHEN THEY WERE RECORDED!

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Browsing around on this website and other forums there is a lottttt of negativity and its really hard to not be negative at times!

Reeti, Great idea in checking on this aspect of the process.