- Who carries the personal guarantee on the debt?

In one of my projects, the landowner agreed to carry back a note, which freed up some capital for construction costs.

College towns are usually gold mines for rentals, especially with a mix of 2-bed and 1-bed units.

FB Marketplace can be a gold mine, but it is time-consuming.

I do my best to honor both, and God has blessed me more than I deserve; including having a portfolio of rental properties, which is a story in itself that came about because someone offered me a house on an owner-carry contract because he knew I could never afford to buy my own while living overseas.  

Such properties tend to carry less risk and can help facilitate scaling up for future investments.

If equity, do you structure with a pref and carry, or straight split?  

Depreciation helps reduce the taxable rental profit, potentially bringing it to zero or even creating a loss, which can carry forward to offset future rental income or other capital gains.For high wage earners, other tax strategies could include leveraging cost segregation studies to accelerate depreciation on rental properties through bonus depreciation, taking advantage of tax-deferred exchanges (like a 1031 exchange), or maximizing deductions related to property expenses (mortgage interest, property taxes, insurance, repairs, etc.).

As with any type of investment, investors should list the estimated costs to calculate their potential profit.Costs to consider on fix-and-flipsRepairs (always be conservative)Carrying costs (interest, points)Monthly costs (utilities, HOAs, insurance, taxes)Buying costs (back taxes, cash for keys, liens, code violations)Selling costs (commissions, closing costs, transfer fees, title insurance)Unexpected costs (add $5,000 to be safe)These are the basic costs investors should consider.

Meet ups where nothing is being sold are gold.