You have to go around the 80% but you always enjoy working with the 20%.I had an early on experience where an agent didn't know how to present my offer (which was a creative financing offer) to the seller and later when I contacted the seller to do a follow up, they had never gotten the offer.

This will definitely help with the cost of starting a new llc every time, which was one of my concerns when it came to financing my endeavors.  

But I still enjoy getting out and inspecting properties on a daily basis.

I don't enjoy traveling that much anyway.

@Timothy VanWingerden I would first like to thank you for taking the time to write such a detailed response that was replete with personal experience.I felt like we had a good understanding of what we wanted out of our endeavors together, however, if this is to be a long term company that we grow more serious conversations about our ideologies around invest is pertinent!

I’ve really enjoyed working with my realtor, Tiffany Moore.

But if you end up moving to a tax free state like TX and you have investments there as well or in another tax free state your net income will enjoy the difference as well.3.

For example, if you enjoy your W2 jobs, and just want to diversify your investments, you could invest the $100K into a real estate syndication.

The ratio that is rented is just another passive endeavor on schE while using it as my own office is active, thus on SchC.That being said, when it comes time to sell is depreciation recapture the sum of the depreciation taken on both Schedules?

Most important of all, make sure you are having fun doing all this and that you really enjoy it.