And maybe it's not common/easy for everyone to adroitly make that distinction, and I'm more aware of that now.

However texting messaging them can be dangerous if not done properly and could lead to potential lawsuits, so do your own due diligence before pursuing that avenue.

But if the county re-assesses every 3 or 4 years, you will pay market prop taxes soon enough.I’ve been an investor for 46 years and this is NOT something I would do.Over this time, I have seen investors get themselves in trouble by being “too smart by half” often with creative tax structures that end up causing trouble but this is a another danger zone in my mind.I’d think long and hard before embarking on what you propose.If the acquisition doesn’t stand in its own merits and one needs to resort to chicanery to make it work maybe it’s not a deal.just my two cents.good luck,Arn

This is a very dangerous approach.

Don't accept animals that put you in financial peril.It's very interesting that emotional support animals are typically owned by lower-income renters, and a large percentage of them are dangerous breeds.

If it’s dangerous the tenant should move out today.

It's the distinction between someone with a real estate business and someone who buys real estate.

Quote from @Benjamin Vasquez: Investing with family or friends is dangerous.

If there is a blur in the distinction, that is, if it isn't clear that it's a option, it may be construed as an executory contract.

The syndicators model is to use distinct entities for every transaction so they do not necessarily have to disclose losing transactions.