Joint venturing and partnering with successful individuals can be a powerful strategy.

When an individual property is distressed and hits the market, it's not going to have those instant 12 offers and bid wars flaring up over them that you will see with those purdy perfect white picket fence Hollywood dream homes in areas with optimal school districts for their kids, etc. 

This break-down all of the structure/land requirements you need for each individual zoning.

I'll re-post and ask the questions in individual posts.

Since they can't do each property individually, they use comparables to make broad generalizations to determine percent changes.

working as a server in a restaurant has never been about being a career choice. it is just a stepping stone. however, some waiters make plenty of money because of tips. an individual is the person who decides on their destiny. you chose if you will be a dishwasher for the rest of your life or if you will move onto to something else. we cannot save everyone because they make bad choices. choices have consequences.

I didn't include turnover individually, and just bundled it all under the 1% per year annual maintainance.

Then you can crunch the numbers to see what it would cost to set up and operate vs. what it would bring in, enabling you to determine whether it's even worth the investment of time, money, and effort.If you get through all that and are actually making money, then you can worry about whether a CPA is necessary (usually not).

I would never take over tenant in place from an individual who runs their own rental.

This is my second member intro post, as the first had too many questions, which I'll ask again in their individual posts.