It’s always an honor to contribute to such an incredible platform that empowers investors to build wealth and take control of their financial futures. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Define roles, financial contributions, profit-sharing, and responsibilities in a detailed agreement.

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.

@Josue RamosRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

However, I shudder at the popular suggestion to sell some of your investments for tax purposes, often coming from commission-based brokers and financial advisors.

Thank you @Dave Foster I look forward to my new venture and investing in real estate hoping to achieve financial freedom and enjoy my life with my kids and my beautiful wife that has a terrible debilitating autoimmune disease.

For example when someone wants to have financial freedom and spend more time with family, but then sets a goal by creating a heavy active income stream that involves their personal involvement daily.

I found one who's strategies made sense, 10 years later my wife and I have been financial free for about 5 years now by leveraging the concept of house hacking.