Denver Creative Housing, Denver Sublets, Roomies, Roommates, and so on, there are a few good ones)Also, I use Roomies as well because it is a site specific to finding roommate tenants, and there is a huge demand for it as well, so it is a great alternative to fill vacancies for houses if your owners are open to it and you price it correctly. 

This ensures your books match the timing of your taxable income.It sounds like you're off to a great start—make sure everything is categorized correctly and consult a CPA to confirm your setup.

I don't think that's a good strategy because you can never time when the correction happens.

Because you want property information that realtors are listing correct?

The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ? 

@Steven Myers  You are correct sir, aviation is a fickle mistress. 

The site we want is for sale, zoned correctly, priced right.One problem.  

So, they could be correct or they could just be trolling for money, but you should have done final testing.

For my answer, I'll assume it took years to save up the $80k, income is "normal" (meaning you are not making $500k+/yr), and you are moderately risk adverse.If those are correct, then first off I would not spend all the money.

Is that correct?