The whole appeal in REI was to maybe create a small business on the side with my spouse as a way to: eventually secure supplemental income, start building equity in RE and maybe creating a small business together in RE that would help us obtain financial freedom after hearing how risky things can be, I’m trying to learn: what are other RE investors doing to make money despite the risks around home repairs, vacancy, additional expenses (i.e property managers), etc.

I’m a licensed architect and contractor with a passion for creating spaces that blend functionality with aesthetics.

Is it better to list it at the highest that I think I could get or should I price more conservatively to create competition and then try to push the price up?

One bright point is usually in any arena, the more difficulty middlemen create, the fewer investors you’ll have to compete against.

*this post does not create an attorney-client or CPA-client relationship. 

The key to me was to create a "calendar" with all of my available slots, look at who is going that I would conceivably work with, and then reach out to them to schedule a chat prior to leaving for the conference.

The main items in our renovation are:New water main from curb and valveNew electric service and panelAdd bathroom + convert to full bathLVP in 70% of the houseInterior PaintingAdditional bedrooms in basementKitchenette in basementEgress(x2) in basementOur scope of work should create a great living space for us to grow into, but also provide a rental unit that competes (or even exceeds) the area offerings for medium term rentals.

Sure, gross negligence by the owner may create some, but that can be easily managed.

When I come back I will deal with the attorney, may be he will disolve my trust and will create a new one.....

I do my own taxes with TT Premier, but I'm also a seasoned accountant and create my own schedules for depreciation and tax loss carry forwards.