Hello,I am a 24 y/o officer in the Space Force about to move to CO springs.

Appreciate the additional insight, especially the D&O insurance suggestion.

O) Like above, if you don't really need the cash, then I lean towards keep.

@David O.

Roughly backing into an offer price:At 65% occupancy, revenue 170 units at $80 at 65%= $8,840/month = $106,000 per year revenue.Costs as noted above without P/I= $58,000Revenue less Costs w/o P/I= $106,000 less $58,000= $48,000 P/I before income taxes and depreciation expense.$48,000  / 12= $4,000 P/I per month. 

HI all, thank you in advance for your wisdom and experience! My husband and I are new to investing in real estate. We have an SFH rented to a nice couple. There’s an issue with the oven and since we are new owners I m...

Quote from @Roger O.: What is the scope of work. 

Quote from @Ed O.: We're in a market where GC's all will make a killing, regardless of skill or quality... at least that's my opinion....Are you building and selling or keeping? 

This applies to family also.Even if he gets a real estate agent license, he'll have to place it under a real estate broker that allows him to act as a property manager, which will affect the broker's E&O insurance.So, it may make more sense for you to make your brother part owner.Also, to 1099 him and avoid headaches and extra expenses of W-2, you should pay him by the task, not by the hour.

You had several years to think about careers, and just like the majority of 23 y/o males, your still uncertain what to do.