Prioritize properties with rental potential, plan for reserves and tenant strategies, and stay patient as you network and learn.

@Michael BaumEvery property we ever stayed at had a physical book so yes - it definitely suffices.

A lot of family businesses cannot stay in business upon parent death due to no longer getting the prop 13 property tax discount.  

Since the original mortgage stays in place, you only need to ensure the reinvestment equals or exceeds the proceeds.

A short-term rental with a stay of 7 days or less + Material participation =also non passive.

I'd love to stay in touch and keep track of how you're doing as well!

I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.

Practice analyzing deals, explore surrounding markets if NYC feels too competitive, and stay persistent, closing your first deal takes time but is well worth the effort.Good luck!

I tried to stay out of the way, but I had to stop several things from being done wrong—spaces between kitchen cabinets that were too small by at least an inch for the appliances to fit, a walk-in pantry being built that was too narrow for anyone but a child to get into.

Stay in and be part of this 721 or lose my investment most likely.