We should have a "good, bad and ugly" GP list for people to look up and avoid these GPs in the future.I wonder if anyone of you have heard of 711 Rescue and can let me know if this kind of company might be able to help the LPs.

House hacking still definitely works, just got to get a little more creative, maybe be willing to do some work (go find the worst house in the best neighborhood kind of thing).

It helped me with kind of a 30,000 foot overview of investing.

Or take cash and pay the tax on their portion.Only your accountant will know whether this kind of drop and swap is possible without a tax event. 

:D Thanks so much for the kind words.

Is 10% ($1,750) per month in simple, taxable, spendable interest very attractive after owning real estate that likely did not generate that kind of cash flow? 

Quote from @Jonathan Chan: What kind of rates are you getting on gap?

As a new agent I imagine you don't have that kind of coin so if you can't beat um join um.

That kind of net worth can go a long way if you’re trying to make a move.And that’s part of the reason why the share of all-cash buyers recently reached a new high.

These kinds of foundations need to be maintained over the years.