I’ll definitely look into that.

Excited to learn from others and would love to meet local people who are like minded and have already been down this path. 

I am working with my accountant and CPA to ensure this works and the have suggested this path forward.

Aaron Scholl I take it your thought path is "If I buy into a PM "system" I will get catapulted forward, be taught how to do all the things vs figuring them out, and with that more assured success", correct? 

I will definitely check with a CPA. quick question regarding the summary number three:The $12,000 in negative cash flow (Total expenses less rent received ) would be subtracted from the depreciation and loan interest?

Before heading down this path, consider the cost-benefit analysis.

They're the pros, after all, and they can offer tailored advice, ensuring you're not only correcting the mistake but also optimizing your tax situation.Good luck, and definitely consider getting professional advice to navigate this.

If I forget to update you when it's all said and done, send another message here (I'll get an email informing me) and I'll definitely respond.

I definitely do not know everything as a "young" guy.

I’m also a licensed Realtor in Virginia with Real Broker LLC OlenaWelcome to BP, I believe we have crossed paths in the past.