b) Risk Tolerancec) Time you can put into this - do you want to be completely passive or actived) Skills - what business skills do you have that can translate to real estate investinge) Your local market - for example, is apartment investing profitable in your market or maybe houses work better?

It doesn't matter if you put more balls from the same source in that wheel borrow.. there will ALWAYS be a ratio of 97 blue vs 3 blue with a red dot.Now translate this to the foreclosure list.

We don't want them to do a study, only to find out at tax time that those losses don't translate into tax savings because of passive activity loss limitations (or worse, they unwittingly claim losses that they create tax risk for them).

I'd like to be able to set it up in a couple hours, which probably translates to 8 hours, but that's the intention :-)thanks!

I would recommend using AIA contracts and altering them to suit your needs.However, in the end, you always get what you pay for.Good luck!

Specifically:“The management of the property necessarily involved alterations and repairs…..it was also necessary to furnish elevator service, heat, light and water which required regular and continuous activity and the employment of labor, the buying of material and many other things which come within the definition of business”.

Beside the expense of such expensive additions, the question is will it's appearance alter the look and feel of the area.

Although at times they can be expensive, they can provide life changing experiences and have the potential to seriously alter (for your benefit) the course of your investment journey. 2) Echoing others points here, DSCR loans could a great option for you to continue scaling your portfolio. 

Can I promise the IRS will not alter these rules?

I also charge Tenants a fee for the time required to alter the contract.