He became a contractor, worked hard, and grew a successful business that produced a lot of money.

These policies have been to the detriment of small businesses, the self employed and to large extent  true GDP producers.

If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.

@Thomas Farrellmiscellaneous reactions-BRRRRs won't produce cash flow - they're an equity strategy, not a cash flow strategy-OOS BRRRR on your first deal will be incredibly difficult. 

With technology and the right culture property management companies can be successful with a mix of local and remote team members. 

You will be able to buy from that company just like any other company in Spain. 

Real estate is basically an income producing and or capital gain producing investment.  

While they did try to get the lender to work with them, they don't want to replace the management company because they are part of the GP.

It's more about how to multiply the number of homes producing that cashflow.Bless

Total waste of time company.