@Deangelo Mack - when I buy a property, I review the leases and draft up the estoppel. 

I grew up and still live in PA/NJ area. 

When you can close on a home sale in a short period of time those 2% and 3% checks pile up cash fast. 

From my understanding, I will need to have the complete the title and municipal lien searches, correct my title to reflect me as a single owner based on rights of survivorship acquisition and complete all other seller side obligations a title company would handle. 

Given your situation, setting up an LLC is a solid choice for liability protection and managing your real estate activities.

The income from the property pays off the debt, while you get the tax deductions, equity build up and appreciation.As to why people pay cash, many don't know, like or understand other alternative investments. 

I’m a realtor and have completed a CRM on final build so based on a Comparative Market Analysis I would have instant equity upon completion of the build and could sell or refinance. 

I had enough to cover it, and the deal ended up being a great win overall. 

Catch up with missed bonus depreciation on your 2024 tax return (next year) using Form 3115.

Partners like that you bring up contracts to correctly form partnerships.