Couldn't figure out why the cops kept pulling him over for doing 1mph over the speed limit, happened all the time.

Maybe that is one of your interview questions.If you are very top producer there can be some advantages, like employing your kids, SEPs or retirement plans and maybe if you have a big team some shield of liability if you set it up right and practice what your attorney teaches you to do to keep everything separate.

Here’s the investment details10k for revamp and fully furnishing 5k upfront fee for design and management $500 flat fee for the managementFYI I have already spent like 15k on the property 2.5 years ago to set up.Thanks for looking into this.

If I need additional funds, I can give another lender a second mortgage after explaining to them that the first mortgage holds a stronger position.BUT... if you do some paperwork with the state and set up an entity.

from personal experience You're better off to set boundaries with your tenants.

Looking forward to getting to know some of you, and learning as much as I can to accomplish the goals my wife and I have set for our family.

The difference is that it isn't limited by the passive activity rules on form 8582.

Second Set Clear Goals Are you looking for long-term wealth accumulation, steady income, or both?

Asking to pick someone's brain, to a seasoned investor or wholesaler, sounds like a waste of time because you didn't set it up.Your best set up is to lay out the deal or the specific dilemma so someone can answer that specific thing instead of just having their brain picked.

That is a lot units to manage on your own though so if you want an all-in-one, you just have to set the expectations, but most property management companies will not live up to it in the Northeast.