According to the IRS the vehicle needs to be used for 50% for business and needs to be "ordinary" and "necessary".Anybody who can give their expertise I would appreciate it.Thanks!

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

Someone with a construction background can contribute their expertise and build at cost without markups or profit margin.

Let's leverage our collective expertise, resources, and networks to create win-win opportunities and achieve financial success.

Procuring cause has morphed into which agent did the best job for the client, regardless of the timelines, so that bad agents don't get rewarding for opening a door and then not following up to help make an offer.

Debt adds risk AND reward. 

However, as a real estate agent with expertise in the Tampa market, you have unique insights and opportunities that could potentially yield higher returns through real estate investments.

Sean, I have some deep domain expertise here.For starters, I own 12-doors in Detroit (from California).

On the other hand, a 200%+ return is fantastic and if they had been able to achieve that, perhaps rewarding the GPs for it is appropriate.6.