I recommend sitting back (crunching numbers along the way of course) and letting others ride the wave of low returns as you build up reserves.

Most investors love to share their knowledge but they won't waste their time on someone that doesn't provide something in return (however little) or that doesn't make some effort on their own.No investor group?

The son calls himself the manager but has never returned my calls.

If you successfully transfer property to MMLLC, you LLC will file a partnership return. a partnership will generate K-1(s)( similar to W-2) for each partner with your share of rental activity.

Sounds like to me that the age old prejudice about pretty girls in somehow involved in this .

On the other, reduce my return expectations knowing that I will be putting in less time than someone who self manages and I will be using that time to pursue other investments. 

I have a new real estate company with no positive tax returns.

Therefore your overall rate of return spread becomes far less.

Working a 9-5 job with very little return in a 401k and Roth IRA and having to work until I'm dead is not a life I want to lead.

(Self employed general contractor, income low on tax returns, but own house worth $1.2 million, no debt)Would love other opinions on this, not just our realtor’s.