From their 2020 10-k: We launched Zillow Offers in April 2018 to provide homeowners with the ability to receive cash offers to purchase their home, giving sellers peace of mind, control and convenience in one of the most stressful transactions of their lives. … When we buy a home from a seller, our title and escrow business, Zillow Closing Services, performs their due diligence for a clean title and a seamless close of the home transaction.

We're hoping that speeds up the process and makes our lives a lot easier, controlling the money ourselves!

I over complicated my taxes with a dozen LLCs, 4-5 Living Trusts, a land trust, a Delaware and Nevada Corp, etc.I wanted to protect myself and my assets.

This is a good example of why most investors will control the insurance program.In addition, even if you have the tenant provide the Building coverage, you will still want to have a General Liability and Excess Liability policy cover the entity holding title to the property. 

Any feedback is highly appreciated.Hi Lauren, if you’re an accredited investor who is seeking to diversify your real estate portfolio into higher quality investment grade real estate, but don’t have the experience of managing or acquiring larger institutional quality real estate you might consider learning about DSTs (Delaware Statutory Trusts). 

Statistics say only 5% of our decisions made every day are conscious and controlled.

Many capex items are less than the $2,500 de minimis safe harbor and can go below NOI on the P&L (and get fully deducted on your tax return but not included in the property NOI for performance or lending purposes).Hope this helps.

Regarding final punchout projects, that may free up some of your time but it also gives you an opportunity to observe the almost finished product to help maintain quality control.

Too much is out of your control. 

Mrunal, if you’re an accredited investor there is an investment product called a DST (Delaware Statutory Trust) that might be beneficial for you to learn about if you decide to perform a 1031 exchange.