I’m looking to start this journey with a full head of state and I’m excited to pick each and everyone of your brains

Uses the grouping election to aggregate their material participation requirements over their entire portfolio4.

Ask them if you can speak to some of the borrowers they have lended to find out if they enjoyed working with them

I hope everyone scammed here is able to recover at least some money; however the subject “guru” appears to be quite adept at dodging responsibility and consequences.  

There is a $500 per day penalty, up to $10,000, and imprisonment of up to two years for the WILLFUL failure to file initial or updated timely reports.Where to file the BOIR report?

You want to find partners, not butlers.

Is it the entire system that needs to be replaced? 

In a seller's market, home prices typically increase due to limited inventory, while in a buyer’s market, prices tend to be more negotiable.

When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be leasing it out to the tenants.

@Lucas Schlund not seeing oversaturation in Metro Detroit, but there is some up in the Traverse City area - which implemented STR controls.Yes, it's always a good idea to buy an STR property that you can at least break-even if you have to turn into an LTR.