I currently own three properties, each managed by a different team.

Exactly on the first point - in total the shareholder recognizes $1m of gain after selling the property for $1m in my example - $900k from the property deemed sale, and another $100k from distributions in excess of basis.I didn't discuss 1245 - I discussed 1239, very different. 

I think the Iowa City, Coralville, and North Liberty markets offer great rentals with lots of different types of levels of rent.

I don't see a lot of 5-6-7 unit properties anyway, but if they exist, different lending and significantly reduces your exit strategy in today's world. 

Typically, when funds acquire loans, they assume delinquency/default risk in exchange for earning a yield on their investment.Yet this would work differently – it’s a request to purchase debt alongside a corresponding put option/insurance policy.From the buyer’s perspective, as long as the seller remains solvent, with sufficient liquidity for any exercised options, it’s a risk-free investment.

As I explore different property types and investment strategies, how did you determine which path to focus on initially?

Absent these type of relationships, I've seen to many projects get delay or fully stall out as the disconnected subs end up causing delays or the need to redo work that got done by a different sub. 

Hi Suzanne-I would suggest checking out google, reading reviews, and looking at different websites to see the top few that you think will provide value. 

Short-Term rentals are treated differently than traditional rental property.

If you tell me the majority of the partners are merely writing checks and are passive LP's that's different but that's not what this sounds like.