It may also be beneficial to seek advice from real estate professionals or financial advisors with experience in this type of situation.

Having been a party to over 300 wholesale transactions, I can tell you with certainty that it is not illegal.

I try and spend as much time outside the office as possible networking with local investors and real estate professionals and would love to get a group together to share ideas and learn the different perspectives everyone has on the STL market.

Does This seem like a Fair Partnership Very Very Rough Draft WHEREAS, Party 1 and Party 2 (collectively referred to as "Partners") desire to enter into a partnership for the purpose of jointly owning and managing real estate properties;NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Partners agree as follows:1.

If you had a third party licensed company then they "may" allow it that instance but even then sometimes they say no.

of course, consult with a professional, but recommend starting here https://www.irs.gov/taxtopics/tc701As mentioned, you still have to pay the depreciation unrecapture.Good luck.

Partner with a qualified real estate agent, property manager, and legal professional to assist you throughout the investment process.By considering these points alongside the existing list and seeking professional guidance, you can increase your chances of finding a suitable multifamily investment even in a competitive market.

As a realtor, I have to disclose I am that and I have to be super careful about "theft of equity" laws up here meaning that if someone comes to me for my professional opinion because they are not sure if they are going to list it or not, I can't really just offer to buy it.

toilets can easily be replaced (if the current one isn't white) and you can have the tub professionally reglazed. 

In cases where I rent a room I just rely on checking they have a professional health care license and a job in the area but that is only because the roommate is my son.