Prepayment penalties- usually 1-5 year terms.

Usually you can do the classes and pass the test before signing with a brokerage and your license will just be inactive until you sign with a brokerage.

Being leveraged for a bit isn't the end of the world - there are usually options available if push comes to shove - 401k loan, personal loan, sell stocks, credit card (then balance transfer continuously until you can pay the balance off) and lastly sell.

Syndication is giving up all control and USUALLY won’t qualify for a 1031.

You can usually make money in rental homes in just about any decent-sized city in the Southeast: Birmingham, Alabama; Little Rock, Arkansas; Jackson, Mississippi; Atlanta, I could go on.

As easy as this sounds, it's not simple and usually like pulling teeth.

I own a 4 plex, 1 single home, 3 x Duplexes , the good properties in good shape typically fly off when they go for sale literally in one day, usually ones you see on market are ones need quite bit work to get them to rent.

They told me no and usually they return to sender anything they receive that isn't theirs.

I usually suggest new property owners setup a business before they even close on a property and then use a business credit card for all expenses moving forward and also for them to link it to Quickbooks so everything is automatically tracked for them.There are a lot of nuances and strategies but this is a 30,000 foot view of why you should opt for business>personal

Usually, it costs me $3000-4500 for title and escrow.