I'm keeping a list of all the real estate books I need to read in the future and I want to be able to own some commercial real estate properties (large or small) someday too.

We are all here to help you learn and grow.

-What are the experiences of the group in negotiating with the seller/agent to bring the price down because of this fact.....Do we hope to get all the way down to ACTUAL cash flow value? 

I would HIGHLY recommend acquiring all future properties under your LLC or business to protect your personal assets.

Start by drafting a written agreement that includes all the terms, like the price, interest, and payment schedule.

A well drafted operating agreement will address business planning above all else.

Ok so this year I got my final K1 and I think I know how this work (my bad in that I thought last year was final K1)To confirm in final K1, all the passive losses can now be taken and they come to schE as allowed passive losses.

They got back to me and said they would have all the money the evening we agreed upon.

I'm sure with your responses, I will generate more questions.Thank you for all the help!

This is a buy and hold investment with the hope to ride some appreciation from all the development of Microsoft.Can anyone recommend a reputable Property Manager?