Among many other issues, the last thing you want is to open the doors for sale and a neighbor lot has 3 foot weeds or some egregious paint scheme that proves to all of the other neighbors just how much of a renegade they are because no one chose to enforce the CCRs.

@Adam Zach I’ve been around plenty of my fellow engineers who are fine engineers per se, but constantly got involved with dopey investment schemes and get rich quick plans.

There were so many houses that had been involved in mortgage schemes and now about 80% of the inventory in this neighborhood was vacant.

Pyramid schemes are illegal in the US and eXp is NOT a pyramid scheme nor does the "little guy" foot the bill.

I think it is important to point out that there is a phase-out on the deduction against W2 income; I think completely phased out at 150k, so not all that high of a W2 income.Originally posted by @B Dweik:@Christina Tkacs@Christina TkacsAt the end of the day there's no right answer, It all goes back to numbers.If you have a higher stream income like W2 job and sit in high tax bracket, you could acquire some of those managed SFH assets, and use property depreciation to take negative cash flow from your investment back onto your AGI (adjusted gross income) and help you lower taxes in the short run, have the tenant pays for a property that you own in 15yrs, then you turn it into a passive stream of income.Real estate is not a get rich quick scheme.

So in the "get rich slow" scheme, our plan is always to look for that great deal, force equity, screen carefully and move onto the next project.

Its a legalized Ponzi scheme.

In the grand scheme of things this is cheap cheap capital, I want to get the absolute maximum possible.

RE investing certainly isn't a get-rich-quick scheme, but you can do a lot in 2 years!

There are related party rules for almost everything because it is easier to scheme against the IRS with people you trust.