But he had previous business and real estate success, which you will need in order to raise capital to fund the down payment and have skills that translate into execute the business plan effectively.

I have cash I can leverage to try and get remodeling work done without having to do it myself, but I want to execute on that correctly.

In the beginning twice a month is probably great, but once a month is probably fine too - most of all it has to be do-able, and if possible automate this if you get too busy.Finally, if you're a perfectionist and find you're getting hung up on over-planning and not executing (this has been my big problem, I'm not saying it's yours :) a book I think is excellent is "Finish: Give Yourself the Gift of Done" by Jon Acuff.Apparently I'm incapable of writing a short post. :)Would love to hear how things work out for you, I know people throw around a lot of dismal stats about starting out in real estate but I was a long shot and I lasted (including through the recession as a single-income person, my husband conveniently showed up in 2012 :) and I have a friend who started out new in 2007, right when we were gearing up for the recession - she did amazingly well while other agents were leaving real estate - combination of good sphere, amazing work ethic, high competence and she's very good at articulating her value. 

In fact, the DST is ideal for the California resident precisely because it avoids the burdensome Franchise Tax.A DST may sue or be sued, and property held in a DST is subject to attachment or execution as if the trust were a corporation.

Look at your purchase agreement- if the seller warranted upon execution that the property was free of code violations to the best of their knowledge and agreed to remedy any code violations prior to close... and your agreement states that the conditions contained therein survive the transfer of the transaction they are liable.

Hi Everyone, I recently got an executed purchase agreement on a 5 unit building (renovating two basement units that are currently not in use to make it 7) in my area (Lansing, MI).

We closed, then a executed the 2nd position mortgage (seller finance) and that essentially reimbursed me. 

When you buy a stock, you're buying a paper asset (a form of people's money) and the company executives honestly don't seem to care if you lose your hard earned money by investing in the stock of the company they work for.I'll admit that real estate is less liquid than the stock market, but by investing in real estate you don't have to worry about the market's volatility.

#execution

So when you have the apartment, you can taken deduction as the expense against the rental income.If there is entity involved, you might have to execute  loan agreement between you and your entity too.