I didn't see a forum for introductions so here's one, for us by us; (Not Sponsored by F.U.B.U)😂     Hey there I'm Ruben, I LOVE what I do every single day; I help Enable people to do what they're Inspired to do and live a more inspiring life.

Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other types of income.

You're going to want a cell-enabled trail cam type of setup; don't know what carriers have them these days but we had one that gave motion alerts and hooked up to US Cellular.

Of course a la carte, tech-enabled DIY transaction management services exist, and have existed for a while.

It enables me to market properties effectively while also managing application screenings, processing monthly payments, and accepting maintenance work orders.

When my husband died a few years ago, I was left paying the mortgage on my own, which I was able to do out of the rent from my basement apartment until the eviction moratorium hit us, enabling tenants to go rent-free for the duration of the pandemic. 

There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.

@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.

Hi @Philip Jones,For the refinance aspect, the main factors will be the FICO Score, cash flow of the property, and as-is value.A Higher FICO will let you get a larger loan size and lower interest rate.Good Cash Flow will ensure that your property will be profitable for you and enable you to get the max loan size that your FICO allows for.The As-is Value will play an important role in making sure that you meet the minimum requirement for a DSCR loan of 100k, but also in making sure that the rehab work that has been done provided significant value add.

But, if she were to transition to a job in the RE sector, she would develop a skillset that would enable her to take this much further and in her own direction.I have a couple reasons for posting this topic: the main one is that I think this is a good topic for discussion in the BP forums.