From my understanding, many require it be held in an entity name for compliance reasons. 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Hi Hellen, not sure I understand what you are saying.

Here's what's very important to understand: you still owe depreciation recapture tax on $100k, not on $70k!

These resources, along with Dave’s inspiration sparked within me a passion for alternative investing and personal development.My PPR BeginningsDetermined to understand the business I was working in, I immersed myself in all things note and real estate investing related.

I am assuming this is in TEXAS (I am editing this as I thought I was in the Austin Fourm, I understand now that you might not be in Texas)  as each state has their own set of laws that property managers must follow.  

I understand the value my CPA provides for me in my situation.However, when should my other 2 partners hire help for taxes? 

I understand that a fideicomiso is needed if we are wanting to own a property by a beach (which we would).

Understand Auction Rules:Auctions typically require fast closings, often within 7-14 days, so confirm your financing aligns with this timeline.

I have a referral I can send you, I recommend going with an individual with experience in co living rather than a traditional company who doesn't really understand the model.