This that's happening now with inflation, commercial finance, banking, it's a familiar tune wouldn't you say? As

Not all of them but I would say a huge amount fall into this category.So yes the agent in most states works for the brokerage and they are supposed to be a fiduciary on the clients behalf.

They say a system is good for 15 years, I guess I got my moneis worth.

I'd say as long as it ends up being a 50/50 split in money out of your pocket and labor/materials on the GC side, I think that could work.

I can say as a mortgage holder that the foreclosure laws in NY are so much of a pain in the behind for us as mortgage holders that our firm avoids the State all together.

Another hack of mine is if I get a complaint from a neighbor about a tenant, say a loud party, I call the neighbor on the OTHER side and begin to apologize profusely.

Just think that if you are in say a 35% tax bracket then you'll essentially be taxed 45% on the money you take out.

I will say a few things to keep in mind though.

There are two very distinct camps on this subject.Some say a LLC is a waste and just go with a good insurance policy.Others say one must have a corporate structure to help protect you.IMHO - Do both!

So in a sense I feel like I'd be missing out on all of that locked up potential for investing until we step up our income a bit in say a year.