So, If I put in $500,000, the total amount of shares rises to $1,500,000 and I own 500,000 shares while my partner still owns $1,000,000. 4) When we sell the property at a profit, the net profit will be distributed based on a percentage of share ownership.

Always have a clear exit strategy, whether you plan to rent, flip, or sell the property down the line.If you or your son are looking for more hands-on guidance, feel free to reach out directly.

in 3 years you can pay off any mortgage 500,000 or less for $1,500 bucks.. or in 5 years a $477,000 mortgage for $100..I am implementing something new for the real estate industry, primarily to mortgage holders & the rent to own industry, as a shorter-term approach to be mortgage free, without cost being an obstacle ..

Take the tax free sec 121 first and then 1031 the leftover.

Feel free to reach out!

(Google UBIT or read Tom Wheelwright's book Tax-Free Wealth)Investing actively in real estate through an SDIRA voilates the self-dealing rule for IRAs.  

Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year. 

Totally agree, HML was my first go to but if I can avoid it i certainly will.

Feel free to PM me if you have any questions.

Either a totally trashed out hoarder house from a whoiesaler, vacation rentals, room shares, etc.