Generally, new districts need to build reservoirs and water treatment facilities that cover the needs of the future residents, without coming at the cost of existing residents.

I've never heard of it taking two years to sell a house in the suburbs, that's straight idiocy.Going forward ask this guy about treatment plans, what CEs to pursue for after you graduate to help make you a better clinician, etc., but his real estate advice sounds like a wanna-be ego-driven baller who wants "sexy" properties to brag about at a dinner party with people they don't actually like instead of educating themselves about how to build a long term empire so they don't even have to bend over that perio patient in their op 8 hours a day.

How might we structure an agreement that would give them income, help them get favorable tax treatment and help us acquire more properties?

They also tend to keep pictures there longer (but you can't download them) so there's a visual reminder about the condition.

They also have the book combined with a video course if you'r more of a visual learner.  

It's the hidden stuff that we can't visually see which might cost us more money than we want to spend.

My own LLC (LLCDave) gets the passthrough treatment since it's a single proprietor LLC, but what about 123 Main St LLC?  

If so, you won't bust 1031 treatment because of the seller's willingness to hold a note for you as part of the purchase price.  

ExteriorThe walkways were cracked and should be monitored for action.Sections of the aluminum siding and trim were damaged and should be replaced.There was weathered wood trim throughout that should be replaced as necessary.We recommend installing window well covers over all window wells.The left-side gate was damaged and should be repaired or replaced.Some of the hose spigots were inoperable and this should be corrected.There was some minor cracking throughout each driveway that should be repaired as necessary.There was storage in the 1070 garage that obscured some areas from visual inspection.The Genie overhead garage door opener was not working properly and should be serviced or replaced.The garage door opener was plugged into an extension cord and a dedicated outlet should be installed.We recommend installing downspout extensions to divert drainage away from the foundation of the home.Each overhead garage door was damaged and should be monitored and repaired or replaced as necessary.The patio screen door was badly torn and damaged by the dog and should be replaced.The left side storm door was missing and should be replaced as necessary.

Hello All,I know there are several posts here on BiggerPockets regarding treatment of primary residence vs. investment property but this question applies to my specific situation.