@David McPhailWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

I'd look at it like this: you got paid $5,000 to learn how to make even better investment decisions in the future.

Maybe in the future when I have generated enough positive cash flow I will look into these other areas of investing.If anyone has any ideas on how I can resell the land on terms using seller financing although I am currently paying on a contract for deed, let me know. 

I want this to be a springboard into the future, not a crutch, or worse, a hobble.

Hi @Gregory Kawa just wanted to warn you about the new legislations in Palm Springs which can prevent short term rentals in near future.

It may slightly affect insurance rates in the future.  

I’m planning on moving back to the Denver area from Charlotte in the near future.

Talking with homeowners and future homeowners is my wheelhouse.

The daughter might have a situation where the parents decided to stop or reduce rent payments in the future.

The good person in me wants to help him start investing solo, the business side wants to use his partnership or buy alone.Should IA) continue with buying the building aloneB) offer to partner as to not miss out on any future opportunities togetherC) inform him he could actually invest in this building solo, easily in-fact using FHA and house hacking