Here we go….So my dad signed over his estate (house and land) to both his sons (me and Travis) through a life estate deed in 2022.  

He said, if someone were to get injured on one of my properties (hypothetically) and walked into his office wanting to sue me, he would most likely take that case based on the amount of houses I had and the assets to go after. 

Focus on finding a property that fits your family and rental needs.You’ve got a solid base.

They are making a decision based on emotions and not always just the facts as you have learned. 

They get 6% of their original investment based on the NOI each year. 

Maybe I am misunderstanding or wrong in some way, but I would definitely reach out to your accountant, or a good one in the area as they can get a full overview of your situation and recommend based off what is required in Missouri. 

Thank you to all in advanceCarlos near east side is on fire. we are building two triplexes in 43203. there are plenty of new builds, variance requests, at least 800 units going in to this small submarket over the next few years, very strong market. any downtown adjacent within 1.5 miles is where our focus is. higher rents, higher price per square foot exit, plenty of land to purchase right now, total control in new construction.

It is VERY heavily biased toward renters because of the military base, meaning picking up SFRs is easy and keeping a good one full should not be a problem.

Anchored in the Sandhills region, it holds significance in national defense owing to its adjacency to the Fort Bragg Army base and Pope Army Airfield.The median sold price has surged by 7.2% year-over-year to reach $225,000 ($142/sqft), with an impressive 42% of homes sold below asking price last month.

Also, based on my experience there are many areas in the Dallas/Ft.Worth area that make for great rentals.