Your location may also play a factor in this.

Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

Aside from disclosures, which I think can sometimes hinder a purchase or a sale, it's a lot harder to play dumb as a seller when you are a licensed professional. 

Ultimately, it depends on whether you want to lock in gains now or play the long game.

Can you please share why or why not and how the performance played out over a longer period of time?

With rental real estate, you can usually deduct up to $25,000 in passive losses, like depreciation and expenses, if you actively participate in the rental activity.But here’s where income comes into play: if your modified adjusted gross income (MAGI) is $100,000 or less, you can take the full $25,000 deduction.

Hi, I am a newbie investor who is playing the slow game in buying a primary, rehabbing, then turning into a rental or selling every 2 years.

So we could do this loan strictly as a value add play on the self storage units and renting out the metal building.

LLC's are welcomed, no DTIs, and less paperwork...happy to connect.Also check out this BP article that explains how DSCRs play into BRRRRs: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Equity Partner BuyoutConsider an equity partner to help fund renovations in exchange for a share of the profits, reducing your risk and investment.STR seems like a solid option, but these alternative strategies give you flexibility depending on how things play out.