It's important to recognize that you might not see substantial returns for several years.Market Selection: Don't assume every part of the Triangle automatically means great appreciation.

In light of Kakaako bringing in a ton of new housing, the City should provide a variance for all of Waikiki.I recognize the City's goal of easing the housing crisis, but I'm not sure Waikiki is the answer. 

I tell you this so you recognize a jurisdiction can make something that seems simple to be difficult.  

I mean at this point it might be easier to just give him his share of the RECOGNIZED GAIN (those words are critical).Yeah honestly you don't need paperwork to create a partnership at any level, for better or worse - substance over form.On top of that you violated 721 and made it a taxable transfer.1.61-2(d) Compensation paid other than in cash—(1) In general.

It requires controlling our emotions, listening to the other side, expressing ourselves with clarity and recognizing that all someone can do is move forward from the current circumstances - there is no way to go back into the past and undo the mistake that happened.

I'm not looking to act on any of these, this is an exercise to help me get better to recognize opportunities or pitfalls when I am ready.Long-term plan would be to move out in a few years, rent at market price, and keep the (hopefully cashflowing) property.1. 6414 Benvenue Ave, OaklandPro: great location, close to Bart, potential for ADU in the garageCons: Long commute for me, priced too low?

@Jason Kudo I'm not in the Woods, and I went into the endeavor recognizing that we wouldn't have lake rights (partially due to knowing ahead of time that the lake rights likely wouldn't be available to guests anyway).

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

@Carlos Ptriawan someone else mentioned trying to get the county to recognize the addition as an ADU.

I have never had any issues but I can also recognize I may be very lucky.